ReNew Power to Invest Rs 22,000 Cr in Andhra Pradesh's Renewable Projects

ReNew Power's Rs 22,000 crore investment plan to launch the country's biggest renewable energy complex in Andhra Pradesh is indicative of a strong revival in environmental energy development in the state. In Anantapur, the project will begin with two phases centered around a 1,800 MW solar plant, a 1,000 MW wind project, and a 2 GWh battery energy storage system.

Under Phase I, ReNew Power will install 587 MW of solar capacity alongside a 250.8 MW wind project, complemented by a 415 MWh BESS. Subsequent phases will complete the remaining capacity, ensuring a robust portfolio of clean power assets. To transmit the output, the company will also construct a 100-kilometre extra-high voltage (EHV) line, enhancing grid connectivity and stability.

This would be the largest renewable energy complex in India. The project’s size reflects ReNew Power’s dedication to India’s energy transition and is consistent with the integrated clean energy policy launched by the Andhra Pradesh government in October 2024. Intended to invite major private investments, the policy framework includes both attractive tariffs and rapid approval processes, which are helping to restore growth in the state’s renewable energy sector after a period of inactivity.

ReNew Power’s return follows a period of stalled capacity additions from 2019 to 2024, when the previous state administration’s review of power purchase agreements had put 5.2 GW of solar and wind projects at risk. The renewed collaboration with the government led by Chief Minister N Chandrababu Naidu reflects growing investor confidence and sets a new benchmark for renewable infrastructure in India. Groundbreaking attendees will include Nara Lokesh, Andhra Pradesh’s Minister for IT, Electronics, Communications, and HR Development, highlighting the project’s high-profile significance.