Companies line up RE projects worth ₹43,358 crore in Andhra Pradesh

Andhra Pradesh cleared Rs 43,358 crore of renewable projects totalling 2,600 MW under its ICE Policy, with major investments from Navayuga, Serentica, Hexa, and Brightfuture

Andhra Pradesh has cleared renewable energy projects worth ₹43,358 crore by 11 companies over the past week. These will have a total capacity of over 2,600 megawatts (Mw). 

The nod, given by State Investment Promotion Committee (SIPC), includes industry majors I Squared Capital-backed Hexa Energy, KKR-backed Serentica Renewables, CESC arm Brightfuture Power, and Hero Group’s Clean Renewable Energy. 

The projects are spread across solar, wind, compressed biogas, and pump storage units. 

“In total, permits and land are being allotted for 2,600 Mw green energy capacity and 1,200 MWh storage capacity. The SIPC has already cleared these projects last Friday, and