Image Source: Manufacturing Today India
ReNew Power, India's major renewable energy company, has signed a historic ₹22,000 crore investment deal to build India's largest single-location renewable energy facility in the Anantapur district of Andhra Pradesh. The project to commence on May 16, 2025, marks the company's comeback to the state after a gap of five years and is a significant milestone towards India's clean energy aspirations.
ReNew Power's ambitious new facility in Anantapur will turn Andhra Pradesh into a national renewable energy leader. This integrated complex with a combined capacity of 1,800 MW solar, 1,000 MW wind, and a 2 GWh battery energy storage system will not only enhance India's green energy grid but also bolster investor confidence in the state's business-friendly policies.
Project Overview
-
Location: Bethapalli village, Guntakal constituency, Anantapur district, Andhra Pradesh.
-
Total Investment: ₹22,000 crore (₹220 billion).
-
Groundbreaking Ceremony: To be held on May 16, 2025, by State Minister Nara Lokesh.
-
Largest Renewable Energy Complex: After its completion, it will become India's largest integrated renewable energy project at a single location.
Technical Details
Phase 1:
-
587 MW solar power
-
250.8 MW wind power
-
415 MWh Battery Energy Storage System (BESS)
-
Investment: ₹7,000 crore.
Full Project (All Phases):
-
1,800 MW solar power
-
1,000 MW wind energy
-
2,000 MWh (2 GWh) BESS
-
100 km extra-high voltage transmission line for optimal power supply.
-
Generation Capacity: Approximately 2.5 GW at full capacity.
Strategic Impact
-
Policy Support: First big project under Andhra Pradesh's Integrated Clean Energy (ICE) Policy, initiated in October 2024, which provides structured incentives and fast-track clearances for clean energy investments.
-
ReNew's Return: The company's return after halting operations in 2019 following the review of power purchase agreements (PPAs) by the earlier government, which had halted renewable investments in the state.
-
Investor Confidence: A firm vote of confidence in Andhra Pradesh's new stable and investor-friendly policy climate under Chief Minister N. Chandrababu Naidu.
Broader Context
-
AP's Clean Energy Drive: Andhra Pradesh has set a vision of 72 GW renewable capacity by 2029 and has attracted large investment from the likes of Tata Power, Vedanta's Serentica, Brookfield, SAEL Industries, and NTPC Green Hydrogen, to name a few.
-
National Implication: The project fits with India's aspirations of achieving non-fossil fuel capacity of 500 GW by 2030, and Andhra Pradesh being one of the major contributors thereof.
Economic and Social Advantage
-
Job Creation: Projected to create huge employment opportunities for construction and operation.
-
Sustainable Growth: Will provide crucial capacity to the national grid and contribute to India's decarbonization efforts.
-
Model for Future Investments: Serves as a benchmark for similar large-scale renewable investments in India, taking advantage of new policy initiatives and government backing.
Sources: Deccan Chronicle, Power Line, M9 News, Economic Times, Business Standard, ReNew (official news release)
Advertisement
Advertisement
