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Renewable energy firm ReNew Energy Global is set to invest INR 82,000 crore in Andhra Pradesh, covering the entire renewable energy value chain. The investment will focus on high-technology segments such as solar ingot and wafer manufacturing, project development, and green hydrogen and molecule production. IT and Industries Minister Nara Lokesh said this will mark ReNew's return to the state after five years. Earlier in May, the company began work on a separate INR 22,000-crore hybrid renewable project in Anantapur district with a 4.8 GWp capacity and battery storage.
Andhra Pradesh IT and Industries Minister Nara Lokesh announced that ReNew Energy Global will invest around INR 82,000 crore in the state, spanning the entire renewable energy value chain. The company's plans include investments in solar ingot and wafer manufacturing, project development, and the production of green hydrogen and related molecules. Lokesh said the initiative represents a major step in strengthening the renewable manufacturing base in the state. Advertisement
In his statement, Lokesh mentioned that ReNew's latest investment will cover every stage of the renewable ecosystem from manufacturing of critical components to clean fuel production. He added that the company's return to Andhra Pradesh after a five-year gap underlines the growing investor confidence in the state's industrial policies and its focus on clean energy growth.
Earlier this year, in mid-May, Lokesh laid the foundation stone for ReNew's renewable project worth INR 22,000 crore in Anantapur district. That project features a 4.8 GWp hybrid power plant with a battery energy storage system (BESS) at Bethapalli village in Gooty mandal. The development aims to supply cleaner power and support grid stability in the southern region.
ReNew Energy Global has been actively expanding across India with a growing focus on integrated renewable solutions. The proposed investment in Andhra Pradesh will likely include both manufacturing and project execution phases, allowing the state to develop a more complete renewable-energy supply chain. Industry observers view this as one of the largest single-state commitments by a private energy company in the renewable sector.
Officials said the upcoming projects could bring large-scale employment opportunities, strengthen local industry participation, and contribute to India's broader clean energy transition goals. The state government is expected to extend policy support through land allocation, infrastructure, and faster clearances to facilitate early implementation.
The ReNew initiative comes at a time when Andhra Pradesh has been positioning itself as a major renewable-energy hub, with growing emphasis on solar, wind, and green hydrogen projects. The government's focus on attracting investments in the clean energy sector has already brought several large-scale projects to districts such as Anantapur, Kurnool, and Kadapa.
Source PTI
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