ReNew Energy Global PLC to Invest ₹820 Billion in Andhra Pradesh's Green Energy Expansion

ReNew Energy Global PLC announced a landmark investment of ₹820 billion (₹82,000 crore) in Andhra Pradesh, targeting multiple facets of the renewable energy value chain. The investment encompasses solar ingot and wafer manufacturing, green hydrogen production, and the development of large-scale wind and solar power projects.

The initiative reflects Andhra Pradesh’s strategic priority to become a hub for clean energy and sustainable industrial growth. Notably, this includes a 2.8 GW hybrid renewable energy complex featuring solar, wind, and a 415 MWh battery energy storage system to deliver reliable peak and baseload power.

Funding support includes a $331 million loan from the Asian Development Bank (ADB), part of a $477 million financial package, underlining international confidence in the project’s potential to stabilize the grid and accelerate India’s energy transition.

ReNew’s CEO Sumant Sinha emphasized that this investment sets a new benchmark for competitive, dispatchable renewable power at scale while advancing decarbonization and self-reliance goals.

This initiative also supports the Make in India mission, incorporating domestically manufactured solar panels and cutting-edge tracking and robotic cleaning technologies to optimize performance and resource conservation.

Key Highlights:

₹820 billion investment in Andhra Pradesh renewable energy portfolio

Development of solar ingot/wafer manufacturing and green hydrogen capabilities

2.8 GW hybrid renewable complex with wind, solar, and 415 MWh battery storage

$331 million ADB loan within a $477 million financing package

Project designed to produce 1,641 GWh of clean energy annually

Aligns with India’s “Make in India” and energy self-reliance goals

Focus on grid stability, peak power delivery, and decarbonization

ReNew Energy’s investment marks a significant leap toward a resilient and low-carbon energy future for Andhra Pradesh and India.

Sources: Reuters, Business Standard, Mercom India, Economic Times