Andhra Pradesh Govt Approves 2,600 MW Renewable Energy Projects worth ₹43,358 Crore

The Andhra Pradesh government has approved renewable energy projects worth ₹43,358 crore, as per news reports. The clearances, granted by the State Investment Promotion Committee (SIPC) last week, cover a total generation capacity of more than 2,600 megawatts (MW). 

Companies and Investments

Clearances were given to 11 companies. These include Hexa Energy, Serentica Renewables, Brightfuture Power, and Clean Renewable Energy. Public sector firm Solar Energy Corporation of India (SECI) has also applied to set up 1,200 megawatt hours (MWh) of battery storage in Nandyal.

Pumped Storage Expansions

Reports suggest that a large portion of the investments is tied to pumped storage power projects. Navayuga Engineering will expand its Gujjili project in Alluri Sitharama Raju district from 1,500 MW to 2,400 MW with an outlay of ₹15,455 crore. Chinta Green Energy has proposed an expansion in YSR Kadapa district from 350 MW to 2,400 MW, involving ₹15,050 crore.

Wind Power Addition

Serentica Renewables will develop 550 MW of wind projects across Ananthapur and Kurnool districts, investing ₹2,400 crore. Brightfuture Power has identified land in Ananthapur for a 350 MW wind unit at a cost of ₹3,286 crore. Hexa Energy received approval for a 100 MW hybrid solar and wind project involving ₹1,200 crore.

Read more: India Attracts $11.8 Billion in Renewable Energy Investments in H1 2025!

Solar Projects Addition

Refex Solar is planning a 100 MW solar project in the Sri Sathya Sai district with an investment of ₹480 crore. Clean Renewable Energy will set up a solar project in Nandyal at a cost of ₹1,000 crore. These projects are part of the broader set cleared under the Integrated Clean Energy (ICE) Policy.

As per news reports, since June 2024, the state has drawn renewable energy commitments worth ₹2.2 trillion. The ICE Policy has set a target of 160 gigawatts (GW) of renewable energy with potential investments estimated at ₹10 trillion.

Conclusion

With the latest clearances, Andhra Pradesh is preparing for over 2,600 MW of new renewable capacity, spread across pumped storage, wind, solar, and battery storage projects.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.