ReNew to invest Rs 60,000 cr in Andhra in multiple green energy projects

Company's plans include green ammonia, hybrid renewable facilities

ReNew Energy Global Plc (ReNew) said on Thursday it will invest Rs 60,000 crore ($6.7 billion) to set up green energy projects in Andhra Pradesh, raising its total commitment in the state to Rs 82,000 crore ($9.3 billion).

 

The decarbonisation solutions company had in May said it will invest Rs 22,000 crore ($2.5 billion) in Andhra Pradesh to set up one of India’s largest hybrid renewable energy projects.

 

According to four separate memoranda of understanding (MoUs) signed on Thursday, the company will set up a 6-gigawatt (GW) PV ingot-wafer plant, a 2 GW pumped hydro project, a 300 kilotonne per annum green ammonia facility, and 5 GW of hybrid projects. The MoUs were signed with the Andhra Pradesh Economic Development Board in the presence of Chief Minister N Chandrababu Naidu and Nara Lokesh, minister for information technology, electronics and communications, real time governance and human resources development

 

 

“Andhra Pradesh is committed to emerging as a national leader in renewable energy, and partners like ReNew play a crucial role in advancing this vision,” said Naidu.

 

“ReNew’s continued investments reinforce the confidence that global industry leaders have in the state’s policies, infrastructure, and talent. This collaboration will accelerate clean energy deployment, attract high-quality jobs, and contribute meaningfully to sustainable and inclusive growth for the people of the state,” he said.

 

“ReNew has a long-standing presence in Andhra Pradesh and with this expansion we are bringing a fully integrated clean energy value chain to Andhra Pradesh, from wafer to large-scale renewable projects and storage deployment,” said Sumant Sinha, founder, chairman, and chief executive officer, ReNew.

 

ReNew’s hybrid renewable energy project in Anantapur district will have a generation capacity of around 2.8 GW, including 1.8 GW solar and 1 GW wind, and a battery energy storage system of 2 Gigawatt-hours (GWh). It will be one of the largest renewable energy projects at one place in India.

 

ReNew has an operating portfolio of 717 megawatts (MW) of operational wind capacity and 60 MW of solar capacity spread over 10 sites in Andhra Pradesh. The company said that with the latest announcement, it will generate more than 10,000 direct and indirect jobs. It will work with the Andhra government towards the state’s target of generating 78.5 GW of solar, 35 GW of wind power capacity, and 25 GWh of battery energy storage.

 

Driven by the Integrated Clean Energy Policy launched in October 2024, the state grabbed a considerable share of the country’s renewable energy investments last year. In renewables, major committed investments other than Brookfield include Tata Power (Rs 6,000 crore), NTPC Green (Rs 2.08 trillion), Vedanta’s Serentica (Rs 50,000 crore), and SAEL Industries (Rs 6,000 crore), among others.

 

ReNew has a clean energy portfolio of 18.5 GW on a gross basis as of November 10, 2025, making it one of the largest globally. In addition to being a major independent power producer in India, the company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalisation, storage, and carbon markets that are integral to addressing climate change.

 

In addition, ReNew has 6.4 GW of solar module capacity, 2.5 GW of solar cell manufacturing, and is expanding solar cell capacity by 4 GW.