ReNew Energy Global Plc (ReNew), a leading decarbonisation solutions company, has announced an investment of Rs 60,000 crore (USD 6.7 billion) in Andhra Pradesh to develop multiple green energy projects. This takes the company’s total new investment in the state to Rs 82,000 crore (USD 9.3 billion).
Earlier in May 2025, ReNew committed Rs 22,000 crore (USD 2.5 billion) to set up one of India’s largest hybrid renewable energy projects in the state.
On Thursday, ReNew signed four separate Memorandums of Understanding with the Andhra Pradesh Economic Development Board in the presence of Chief Minister Nara Chandrababu Naidu and Nara Lokesh, Minister for Information Technology, Electronics and Communications, Real-Time Governance, and Human Resources Development. The agreements include plans to establish a 6-gigawatt photovoltaic ingot–wafer plant, a 2-gigawatt pumped hydro project, a 300-kilotonne per annum green ammonia facility, and 5 gigawatts of hybrid projects combining wind, solar, and battery energy storage systems.
Naidu said, “Andhra Pradesh is committed to emerging as a national leader in renewable energy, and partners like ReNew play a crucial role in advancing this vision. ReNew’s continued investments reinforce the confidence that global industry leaders have in the state’s policies, infrastructure, and talent. 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.”
Sumant Sinha, founder, chairman, and chief executive officer of ReNew, said, “ReNew has a long-standing presence in Andhra Pradesh and with this expansion we are bringing a fully integrated clean energy value chain to the state of Andhra Pradesh, from wafer to large-scale renewable projects and storage deployment. This will strengthen domestic supply chains, create high-quality skilled jobs, and advance India’s Aatmanirbhar Bharat vision. We appreciate 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.”
ReNew already operates 717 megawatts of wind capacity and 60 megawatts of solar capacity across 10 sites in Andhra Pradesh. The company’s latest projects are expected to generate over 10,000 direct and indirect jobs, contributing to the state’s renewable energy targets of 78.5 gigawatts of solar, 35 gigawatts of wind, and 25 gigawatt-hours of battery storage capacity.
The new investments are being driven by the Integrated Clean Energy Policy introduced by the Naidu government in October 2024, which streamlined clearances and offered incentives to attract clean energy projects. Andhra Pradesh has since secured significant renewable energy investments from companies including Tata Power, NTPC Green, Vedanta’s Serentica, and SAEL Industries.
As of November 2025, ReNew has a global clean energy portfolio of 18.5 gigawatts, along with 6.4 gigawatts of solar module capacity and 2.5 gigawatts of solar cell manufacturing, which is being expanded by another 4 gigawatts.
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