ReNew Commits ₹82,000 Crore in Andhra Pradesh's Renewable Energy Sector

ReNew, a company focused on renewable energy and decarbonisation, plans to invest ₹82,000 crore in Andhra Pradesh, as per the news reports. 

State IT Minister Nara Lokesh announced the investment, stating that it will cover the entire renewable energy chain, from manufacturing to project development and green hydrogen production.

Areas Covered Under the Plan

The investment will include solar ingot and wafer manufacturing, project development, and the production of green hydrogen and related molecules. These components are part of the renewable energy value chain, covering both generation and supply aspects.

Return to Andhra Pradesh After Five Years

According to Lokesh, this is ReNew’s first major investment in Andhra Pradesh after a 5-year gap. The company’s operations will span multiple stages of the renewable energy process, including manufacturing and energy storage. The state government has described this as one of the largest planned private sector investments in recent years.

Foundation Laid for Earlier Project in Anantapur

In May, Lokesh had laid the foundation for a ₹22,000 crore ReNew project in Anantapur district. The project includes a 4.8 GWp hybrid energy farm supported by a Battery Energy Storage System (BESS) at Bethapalli village in Gooty mandal. This project is part of the larger ₹82,000 crore plan and is aimed at developing integrated renewable energy facilities in the region.

Project Scope and Implementation

The upcoming projects will involve setting up large-scale renewable energy infrastructure, including manufacturing units for solar components and systems for green hydrogen production. These developments are expected to contribute to the state’s renewable energy output and industrial base once operational.

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Conclusion

ReNew’s ₹82,000 crore investment plan in Andhra Pradesh includes projects across solar, green hydrogen, and energy storage. The company has already started work in Anantapur, and further developments are expected to expand renewable energy capacity across the state.

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