HomeIn The FrameReNew Power renews its interest in AP, to invest Rs 22K crores

ReNew Power renews its interest in AP, to invest Rs 22K crores

Published on

Andhra Pradesh continued its mission of leading India’s green energy transformation with yet another mega company laying the foundation stone for a massive clean energy project.

AP’s Minister for Education, IT, and Electronics, Government of Andhra Pradesh, Mr Nara Lokesh today laid the foundation stone for ReNew Power’s Rs 22000 crores Integrated Clean Energy Project at Bethapalli village, Guntakal constituency which he termed as a major investment and the cornerstone of India’s clean energy revolution.

“This project is not merely an industrial initiative — it is a bold step toward energy independence, environmental responsibility, and economic empowerment. With this massive investment, we are not only powering grids but also fuelling the aspirations of our youth and illuminating the path to a sustainable future” said the minister.

He added, “Today, we are making that future a reality — not just for ourselves, but for generations to come. Each megawatt generated from this site will send a strong message to the world — that Andhra Pradesh is leading India’s green transformation” said the minister.

Mr Lokesh extended his heartfelt thanks to ReNew Chairman and CEO Mr Sumant Sinha and the company’s leadership for their confidence in the state.

“This is not just an investment. It is a vote of confidence in our vision, leadership, and execution capabilities. ReNew’s return to Andhra Pradesh, after six years, marks the beginning of a new chapter in sustainable growth” said the minister.

He opined that the Integrated Clean Energy (ICE) Policy launched in October 2024 is now being seen as a model for the rest of the country — a blueprint for India’s green future.

The ReNew Project

The Anantapur project will be built in two phases. In Phase 1, ReNew will invest Rs 7,000 crore to install: 587 MW of solar power, 250 MW of wind power, 415 MW of battery storage capacity. In total, the complex will include: 1,800 MW of solar, 1 GW of wind, 2 GW of battery storage.

Including all phases, ReNew will invest Rs 22,000 crores.

This Integrated Energy Complex will not only supply clean power but also generate large-scale employment and significantly strengthen Andhra Pradesh’s economy.

spot_img

Latest articles

Day 1 of CII summit fetches AP Rs 5.84 lakh cr in Investment Proposals

The first day of the 31st CII Partnership Summit 2026 in Visakhapatnam turned out...

Foreign delegates to savour Andhra’s culinary heritage at The Park

Before global investors and industry leaders gather in Visakhapatnam to discuss business and investment,...

GRSE & GSL bag contracts for 8 NGCs for Navy worth Rs 53,866 crs

The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach...

SBI donates Rs.5 crores to AP CM’s Relief Fund

India’s largest bank, State Bank of India has come forward to provide assistance to...