ReNew’s ₹22,000 Crore Mega Renewable Energy Project in Andhra Pradesh
Anantapur – ReNew Energy Global Plc, India’s leading renewable energy company, has announced a massive ₹22,000 crore investment to develop a 2.8 GW hybrid renewable energy project in Anantapur, Andhra Pradesh. This will be one of India’s largest single-location renewable energy complexes, combining solar, wind, and battery storage.
Project Highlights
✔ Total Capacity: 2.8 GW (1.8 GW solar + 1 GW wind + 2 GW battery storage)
✔ Investment: ₹22,000 crore (≈$2.6 billion)
✔ Location: Anantapur district, Andhra Pradesh
✔ Significance: Largest hybrid renewable park at a single site in India
✔ Timeline: Construction expected to begin in 2025
Why This Project Matters
- Boosts Andhra’s clean energy leadership – Aligns with state’s 2024 Integrated Clean Energy Policy
- Ensures grid stability with 2 GW battery storage (BESS)
- Creates jobs – Thousands expected during construction & operations
- Attracts more investments – Restores confidence in Andhra’s renewable sector
ReNew’s Footprint in Andhra Pradesh
- Existing Capacity: 777 MW (717 MW wind + 60 MW solar across 10 sites)
- New Project: Will triple ReNew’s operational capacity in the state
Government Support & Investor Confidence
Sumant Sinha, ReNew Chairman & CEO, stated:
*”Andhra’s single-window clearances and policy stability under the 2024 Clean Energy Policy made this investment possible. This project reaffirms our commitment to India’s net-zero goals.”*
The state’s contract sanctity assurance has been pivotal in attracting large-scale renewable investments post-2024 policy reforms.
India’s Renewable Energy Landscape
- ReNew’s Role: India’s largest publicly traded renewable energy company (NASDAQ: RNW)
- National Target: 500 GW non-fossil energy by 2030
- Andhra’s Potential: 33 GW solar & wind capacity by 2030
Comparative Scale
| Project | Capacity | Storage | Investment |
|---|---|---|---|
| ReNew Anantapur | 2.8 GW | 2 GW BESS | ₹22,000 Cr |
| Adani Green’s Khavda (Gujarat) | 30 GW (planned) | – | ₹1.5 Lakh Cr |
| NTPC’s RE Parks | 4.75 GW (operational) | – | – |
What’s Next?
- Land acquisition & approvals underway in Anantapur
- Bidding for EPC contracts expected soon
- Power supply agreements likely with DISCOMs & corporates
This project solidifies Andhra Pradesh’s position as India’s renewable energy hub and accelerates India’s transition to 24/7 clean power.