ReNew Power's Green Energy Comeback in Andhra Pradesh
ReNew Power is set to invest Rs 22,000 crore to establish India's largest renewable energy complex in Andhra Pradesh. This major investment marks the company's return to the state, planning solar and wind facilities along with a battery storage system. ReNew's re-entry indicates renewed confidence in the state's governance.
ReNew Power, a prominent player in the green energy sector, has announced a significant investment of Rs 22,000 crore in Andhra Pradesh. The company plans to construct India's largest renewable energy complex, marking its re-emergence in the region after a five-year hiatus.
The ambitious project will include a solar energy plant with a capacity of 1,800 megawatts, a 1,000 MW wind facility, and a 2 GWh battery energy storage system, to be built in two phases in Anantapur. An extra-high voltage line will also be established to transmit the generated clean energy efficiently.
This development is seen as a vote of confidence in the state's leadership, following previous controversies that led to a standstill in renewable investments. The ReNew initiative aligns with Andhra Pradesh's new clean energy policy, rolled out in October 2024.
(With inputs from agencies.)
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