Andhra Approves Rs 250 Billion Green Energy Projects

23 Oct 2025 CW Team

The approved ventures include a 400 MW solar project by Tata Power Renewable Energy Ltd, a 400 MW solar-plus-battery storage project by ACME Urja One Pvt Ltd, and a 2,000 MW pumped-hydro storage project by Chinta Green Energy Pvt Ltd.

Tata Power Renewable Energy Ltd will develop its 400 MW (AC) / 560 MWp (DC) solar power plant across Erragudi, Avulenna, Siripi, Dudekunta, Ankampalli, and Taguparthy villages in Beluguppa mandal, Anantapuramu district. The project site does not overlap with any other renewable or wind zones.

ACME Urja One Pvt Ltd will set up a 400 MW (AC) / 580 MWp (DC) solar project with an integrated 600 MWh battery energy storage system (BESS) at Kamalapadu, Konakondla, and Gullapalem villages in Vajrakarur mandal, also in Anantapuramu district. Both projects must be completed within 24 months.

Meanwhile, Chinta Green Energy Pvt Ltd received approval for a 2,000 MW pumped-hydro project at Duggeru in Makkuva mandal, Parvathipuram–Manyam district. The facility, to be completed within 48 months, will utilise 24 million cubic metres (MCM) of water for initial filling and 1.5 MCM annually from the Vengalaraya Sagar I, Vengala Rao Sagar II, and Thotapalli reservoirs, subject to water availability.

According to the State Energy Department, these initiatives align with Andhra Pradesh’s clean-energy policy, which targets over 160 GW of renewable capacity, potential investments of Rs 10 trillion, and the creation of 750,000 direct and indirect jobs.

To attract investment, the state government has fixed a land-lease rate of Rs 31,000 per acre per year, with a 5 per cent escalation every two years, and extended exemptions on stamp duty, registration fees, and land-conversion charges. All approved projects will receive deemed non-agricultural status and qualify for Central government grants under the Ministry of New and Renewable Energy (MNRE).

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Andhra Pradesh is poised to become a major hub for renewable energy following the approval of three large-scale clean energy projects worth Rs 250 billion, with a combined capacity exceeding 2,800 MW. The clearance was granted by the State Investment Promotion Board (SIPB) during its meeting on 8 October 2025. The approved ventures include a 400 MW solar project by Tata Power Renewable Energy Ltd, a 400 MW solar-plus-battery storage project by ACME Urja One Pvt Ltd, and a 2,000 MW pumped-hydro storage project by Chinta Green Energy Pvt Ltd. Tata Power Renewable Energy Ltd will develop its 400 MW (AC) / 560 MWp (DC) solar power plant across Erragudi, Avulenna, Siripi, Dudekunta, Ankampalli, and Taguparthy villages in Beluguppa mandal, Anantapuramu district. The project site does not overlap with any other renewable or wind zones. ACME Urja One Pvt Ltd will set up a 400 MW (AC) / 580 MWp (DC) solar project with an integrated 600 MWh battery energy storage system (BESS) at Kamalapadu, Konakondla, and Gullapalem villages in Vajrakarur mandal, also in Anantapuramu district. Both projects must be completed within 24 months. Meanwhile, Chinta Green Energy Pvt Ltd received approval for a 2,000 MW pumped-hydro project at Duggeru in Makkuva mandal, Parvathipuram–Manyam district. The facility, to be completed within 48 months, will utilise 24 million cubic metres (MCM) of water for initial filling and 1.5 MCM annually from the Vengalaraya Sagar I, Vengala Rao Sagar II, and Thotapalli reservoirs, subject to water availability. According to the State Energy Department, these initiatives align with Andhra Pradesh’s clean-energy policy, which targets over 160 GW of renewable capacity, potential investments of Rs 10 trillion, and the creation of 750,000 direct and indirect jobs. To attract investment, the state government has fixed a land-lease rate of Rs 31,000 per acre per year, with a 5 per cent escalation every two years, and extended exemptions on stamp duty, registration fees, and land-conversion charges. All approved projects will receive deemed non-agricultural status and qualify for Central government grants under the Ministry of New and Renewable Energy (MNRE).

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..