ReNew Energy Global plc has announced a major expansion in Andhra Pradesh, committing to invest approximately INR 82,000 crore (about US$9.3 billion) in the state's green energy sector. The company signed multiple Memoranda of Understanding (MoUs) with the Andhra Pradesh government to develop projects across a diversified renewable energy portfolio. Planned investments include establishing a 6 GW PV ingot-wafer plant, a 2 GW pumped hydro project, a 300 KTPA green ammonia facility, and 5 GW of hybrid renewable projects, including wind-solar and solar-BESS initiatives. This expansion aims to strengthen domestic supply chains, generate skilled jobs, and support India's clean energy ambitions.
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