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 comebac...
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
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Location: Bethapalli village, Guntakal constituency, Anantapur district, Andhra Pradesh.
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Total Investment: ₹22,000 crore (₹220 billion).
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Groundbreaking Ceremony: To be held on May 16, 2025, by State Minister Nara Lokesh.
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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:
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587 MW solar power
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250.8 MW wind power
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415 MWh Battery Energy Storage System (BESS)
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Investment: ₹7,000 crore.
Full Project (All Phases):
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1,800 MW solar power
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1,000 MW wind energy
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2,000 MWh (2 GWh) BESS
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100 km extra-high voltage transmission line for optimal power supply.
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Generation Capacity: Approximately 2.5 GW at full capacity.
Strategic Impact
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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.
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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.
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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
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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.
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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
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Job Creation: Projected to create huge employment opportunities for construction and operation.
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Sustainable Growth: Will provide crucial capacity to the national grid and contribute to India's decarbonization efforts.
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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)