ReNew Energy Global Plc announced it will invest approximately INR 82,000 crore (USD 9.3 billion) in Andhra Pradesh's green energy portfolio, marking one of the largest renewable energy investments in the state. The decarbonization solutions company signed memorandums of understanding with the Government of Andhra Pradesh for INR 60,000 crore (USD 6.7 billion) across four areas, bringing the total to INR 22,000 crore (USD 2.5 billion) committed in May 2025.

Investment Portfolio and Project Details

The company plans to invest in a diversified portfolio of renewable energy, solar manufacturing, battery storage, pumped hydro, and green ammonia in the state. Four separate MoUs were signed on Thursday with the Andhra Pradesh Economic Development Board in the presence of Hon'ble Chief Minister Nara Chandrababu Naidu and Nara Lokesh, the Hon'ble minister for Information Technology, Electronics & Communications, Real Time Governance, and Human Resources Development.

The new investment includes plans to establish a 6 GW PV ingot-wafer plant, a 2 GW pumped hydro project, a 300 KTPA green ammonia facility, and 5 GW of hybrid projects, including wind–solar and solar–BESS initiatives in the state. These projects will create a fully integrated clean energy value chain in Andhra Pradesh, from wafer production to large-scale renewable projects and storage deployment.

Previous Commitments and Existing Operations

In May 2025, ReNew had announced an investment of INR 22,000 crore (USD 2.5 billion) to set up one of India's largest hybrid renewable energy projects in Andhra Pradesh's Anantapur district. This project features a generation capacity of around 2.8 GW, including 1.8 GWp solar and 1 GW wind, along with a battery energy storage system (BESS) of 2 GWh, making it one of the largest renewable energy projects at a single location in India.

ReNew already operates 717 MW of operational wind capacity and 60 MW of operational solar capacity across 10 sites in Andhra Pradesh. The company's clean energy portfolio totals approximately 18.5 GW (+1.1 GWh BESS) on a gross basis as of November 10, 2025, representing one of the largest globally. Additionally, ReNew has 6.4 GW of solar module manufacturing capacity, 2.5 GW of solar cell manufacturing, and is expanding its solar cell capacity by 4 GW.

Government Support and Economic Impact

Hon'ble Chief Minister Nara Chandrababu Naidu expressed support for the investment, stating that Andhra Pradesh is committed to emerging as a national leader in renewable energy, with partners like ReNew playing a crucial role in advancing this vision. He noted that ReNew's continued investments reinforce the confidence that global industry leaders have in the state's policies, infrastructure, and talent, and that this collaboration will accelerate clean energy deployment, attract high-quality jobs, and contribute meaningfully to sustainable and inclusive growth for the people of the state.

The latest announcement will generate 10,000 direct and indirect jobs as ReNew works with the Government of Andhra Pradesh towards the state's target of generating 78.5 GW of solar, 35 GW of wind power capacity, and 25 GWh of battery energy storage. Sumant Sinha, Founder, Chairman, and CEO of ReNew, said the expansion brings a fully integrated clean energy value chain to Andhra Pradesh, strengthening domestic supply chains, creating high-quality, skilled jobs, and advancing India's Aatmanirbhar Bharat vision.

Company Background

ReNew Energy Global Plc is a leading decarbonization solutions company listed on Nasdaq under the symbols RNW and RNWWW. The company is a major independent power producer in India and provides end-to-end solutions in clean energy, offering value-added energy services through digitalization, storage, and carbon markets that address climate change.

The company maintains a long-standing presence in Andhra Pradesh and appreciates the leadership and clear policy direction of the Government of Andhra Pradesh, which makes the state a natural partner in accelerating India's energy transition and sustainable economic growth.

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