ReNew has given an in-principle commitment to invest ₹29,500 crore in two new projects in Andhra Pradesh.
The investment commitment was given at a meeting between Nara Lokesh, Minister for HRD, IT & Electronics, Government of Andhra Pradesh, and ReNew Chairman & CEO Sumant Sinha at the CII Partnership Summit in Visakhapatnam.
The two projects are a 2 GW pumped storage project worth ₹12,500 crore and a green ammonia and e-fuel project worth ₹17,000 crore. Pumped storage stores power by pumping water to an upper reservoir and releasing it through turbines.
ReNew came to Andhra Pradesh in 2015 with a 24 MW wind farm at Kalyandurg. It now operates 717 MW of wind and 60 MW of solar capacity across 10 sites in the state. Its other projects in Andhra Pradesh are a ₹22,000 crore hybrid project at Guntakal, with 1.8 GW of solar, 1 GW of wind and 2 GWh of battery storage.
There is also a 1,000 MW green data centre at Makavaripalem in Anakapalli district, worth ₹85,200 crore and expected to create 1,880 jobs.
“Trade, Technology and Trust is the theme of this summit, and ReNew’s journey in Andhra Pradesh shows all three. From a 24 MW wind farm in 2015 to pumped storage, green ammonia, solar manufacturing and a green data centre, ReNew has grown with us because it trusts our state, Nara Lokesh, Minister for HRD, IT & Electronics, Government of Andhra Pradesh, said.
“Andhra Pradesh is building India’s clean-energy future across the value chain, and we will back every project with speed and support,” he added.
Published on November 12, 2026
