Mega Green Energy Push! ReNew Global Pours Rs 60,000 Cr into Andhra Pradesh, Powering India's Future!

Renewables

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Updated on 13 Nov 2025, 01:10 pm

ReNew Energy Global Plc has committed to investing a substantial Rs 60,000 crore (approximately $6.7 billion) in Andhra Pradesh for new green energy projects. This announcement significantly escalates their total fresh investment in the state to Rs 82,000 crore (approximately $9.3 billion), following a previous commitment of Rs 22,000 crore ($2.5 billion) made in May 2025 for a large hybrid renewable energy project.

The new investments, detailed in four Memorandums of Understanding (MoUs) signed with the Andhra Pradesh Economic Development Board, encompass the establishment of a 6 GW PV ingot-wafer plant, a 2 GW pumped hydro project, a 300,000 tonnes per annum (KTPA) green ammonia facility, and 5 GW of additional hybrid projects (wind-solar and solar-Battery Energy Storage Systems).

Andhra Pradesh's Chief Minister, Nara Chandrababu Naidu, welcomed the investment, stating that it reinforces global confidence in the state's policies and will accelerate clean energy deployment and job creation. Sumant Sinha, Founder, Chairman, and CEO of ReNew, highlighted that this expansion creates a fully integrated clean energy value chain in Andhra Pradesh, supporting India's 'Aatmanirbhar Bharat' vision.

This initiative is expected to generate over 10,000 direct and indirect jobs, contributing towards Andhra Pradesh's ambitious renewable energy targets.

**Impact** This news is highly positive for the Indian renewable energy sector and the Indian stock market. Large-scale investments like these signal strong growth prospects for companies involved in clean energy, manufacturing, and infrastructure development. It also boosts investor confidence in India's commitment to sustainable development and energy independence.

Rating: 9/10

**Terms Explained** * **PV ingot-wafer plant**: A manufacturing facility that produces silicon ingots and then slices them into wafers. These wafers are the fundamental base material for creating solar photovoltaic (PV) cells, which convert sunlight into electricity. * **Pumped hydro project**: A type of energy storage that uses two water reservoirs at different heights. During periods of low electricity demand or surplus supply, water is pumped uphill to the higher reservoir. When demand is high, the water is released downhill through turbines to generate electricity. * **KTPA (Kilotonnes Per Annum)**: A unit of measurement indicating the production capacity of a facility, representing thousands of metric tons produced per year. * **Green ammonia facility**: A plant designed to produce ammonia (a key component for fertilizers and a potential clean fuel) using hydrogen derived from renewable energy sources (like solar or wind power) through electrolysis, making the production process carbon-free. * **Hybrid projects (wind-solar and solar-BESS)**: Renewable energy projects that combine different generation sources, such as wind and solar power, or integrate solar power with Battery Energy Storage Systems (BESS) to ensure a more consistent and reliable electricity supply. * **BESS (Battery Energy Storage Systems)**: Systems that store electrical energy in batteries for later use. They are crucial for grid stability, managing the intermittency of renewable sources like solar and wind, and ensuring power availability when needed. * **Aatmanirbhar Bharat**: A Hindi term meaning 'self-reliant India.' It is a national initiative launched by the Indian government to promote domestic manufacturing, indigenous capabilities, and strengthen supply chains to foster economic self-sufficiency.