ReNew to invest ₹80,000 crore in A.P.

ReNew to invest ₹80,000 crore in A.P.

ReNew Energy Global Plc has announced investments of around ₹80,000 crore in Andhra Pradesh to set up a green hyperscale data centre and clean energy manufacturing facilities.

The proposals, announced at the CII Partnership Summit 2026 in Visakhapatnam in the presence of Chief Minister N. Chandrababu Naidu and IT Minister Nara Lokesh, include a 1-GW data centre at Anakapalli worth ₹67,000 crore; polysilicon and metallurgical silicon manufacturing units at Anakapalli and Nellore worth ₹11,000 crore; and a permanent magnet facility at Rambilli worth ₹1,500 crore.

The data centre will run on renewable energy. The silicon manufacturing units will strengthen the domestic solar manufacturing supply chain and complement ReNew’s proposed 6.5-GW ingot and wafer facility at Anakapalli, scheduled to be commissioned by March 2028. The permanent magnet facility is expected to be commissioned by March 2029.

The company will also develop the Gajuwaka cluster of five Industrial Training Institutes in Visakhapatnam as the ReNew Centre for Technical Excellence under the PM SETU Scheme. The initiative will focus on skill development for renewable energy and advanced manufacturing sectors.

ReNew Chairman and CEO Sumant Sinha said the investments would strengthen the State’s digital infrastructure and clean energy manufacturing ecosystem.

The company currently operates 717 MW of wind and 60 MW of solar power capacity across 10 sites in Andhra Pradesh, which support about 10,000 direct and indirect jobs. It will work with the State government to achieve its targets of 78.5 GW of solar power, 35 GW of wind power and 25 GWh of battery storage capacity.

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