Andhra Approves Rs 250 Billion Green Energy Projects
POWER & RENEWABLE ENERGY

Andhra Approves Rs 250 Billion Green Energy Projects

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).

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).

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->