Wednesday, June 18, 2025

ReNew returns to AP for largest green energy complex

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PNS|Vijayawada

In a significant boost to India’s renewable energy sector, ReNew is making a major comeback in Andhra Pradesh with a 22,000-crore investment to establish the country’s largest single-site green energy complex in Anantapur district. The breakthrough follows a pivotal meeting at the World Economic Forum in Davos between Andhra Pradesh’s Minister for Information Technology, Electronics and Communications, Real Time Governance, and Human Resources Development, Nara Lokesh and ReNew Chairman & CEO Sumant Sinha. The meeting laid the groundwork for ReNew’s return to the State after a six-year hiatus. The groundbreaking ceremony for the project is scheduled for Friday at Bethapalle in Guntakal constituency, with Minister Nara Lokesh leading the event. The project is located in Bethapalle village with a total Investment of22,000 crore.

In the first phase, 587 MW solar, 250 MW wind, and 415 MWh battery energy storage system (BESS) is planned with an investment of `7,000 crore. Full project capacity is 1,800 MWp solar, 1,000 MW wind and 2,000 MWh BESS.

This project is the first to be launched under the Integrated Clean Energy (ICE) Policy announced by the Andhra Pradesh government in October 2024.

The ICE policy provides structured incentives, streamlined clearances, and fast-track approvals to accelerate clean energy investments.

ReNew was previously the largest renewable energy investor in Andhra Pradesh with 777 MW of installed capacity. However, the company halted further development following the cancellation of power purchase agreements (PPAs) by the former State administration in 2019. Its renewed commitment is seen as a strong endorsement of the current government’s policy consistency and investor-friendly governance under Chief Minister N Chandrababu Naidu.

“This project marks a new era in Andhra Pradesh’s leadership in renewable energy,” said Lokesh. “It is a symbol of regained trust of investors and reflects our commitment to building not just capacity but also global credibility in clean energy.”

The Anantapur green energy complex plays a crucial role in helping the State achieve its ambitious target of 72 GW renewable energy capacity by 2029, a goal outlined at the RE Invest 2024 summit. The past eight months have seen a surge of high-value green investments in Andhra Pradesh:

Tata Power: 7,000 MW | 49,000 crore NTPC (Green Hydrogen):1.86 lakh crore
Vedanta’s Serentica: 10,000 MW | 50,000 crore Brookfield: 8,000 MW |50,000 crore
SAEL Industries: 1,200 MW | `6,000 crore
With these developments, the State is fast emerging as India’s most dynamic and investor-friendly clean energy destination.

The Anantapur project will not only enhance India’s renewable energy grid but also serve as a showcase of Andhra Pradesh’s dedication to sustainable development, innovation-led governance, and climate responsibility.

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