Tata Power arm set to invest Rs 49K cr in RE projects in Andhra Pradesh

This partnership aligns with the state's vision to enhance its renewable energy portfolio and accelerate the transition towards a sustainable and green energy future

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has signed a deal with Andhra Pradesh to explore opportunities to develop up to 7 gigawatts (GW) of renewable energy — including solar, wind, and hybrid projects with or without storage solutions. It is likely to attract investments worth ₹49,000 crore, making it one of the largest renewable energy investments in the state.

 

The company signed a memorandum of understanding (MoU) with the government of Andhra Pradesh on Friday in Amaravati, marking a significant step towards advancing the state’s renewable energy ambitions.

 

This partnership aligns with the state’s vision to