Greenko Launches $4.2 Bn Renewable Energy and Storage Project in AP

22 Apr 2025 CW Team

Union Minister of New and Renewable Energy, Pralhad Joshi, recently visited Greenko’s $4.2 billion integrated renewable energy project at Pinnapuram in Andhra Pradesh.

The project, which is expected to be the world’s largest GW-scale integrated renewable energy project upon completion, combines 4 GW of solar and 1 GW of wind power generation with 1.68 GW/10.08 GWh pumped hydro storage. It aims to decarbonize hard-to-abate industries like steel and aluminum.

Developed with an investment of $1.2 billion for the pumped storage component and $3 billion for the solar and wind power infrastructure, the Pinnapuram project is advancing rapidly.

During his visit, the minister took an aerial tour of the facility and observed various components of the mega project. He expressed that witnessing such an integrated renewable energy storage project was a matter of pride. He praised the initiative as a prime example of India’s green energy potential, which he attributed to the visionary leadership of Prime Minister Narendra Modi. He also commended the Government of Andhra Pradesh, led by Chief Minister Chandrababu Naidu, for its progressive policies that facilitated the project.

Anil Chalamalasetty, Group CEO & MD of Greenko, highlighted that the project, once completed, would drive economic growth in the region, foster ancillary industries, and create employment opportunities. He also emphasized that the project would help avoid 3.3 million tonnes of CO? emissions annually.

Greenko is developing multiple pumped hydro storage projects across India, aiming to establish a cloud storage platform with a capacity of over 100 GWh. Currently, Greenko operates nearly 12 GW of capacity across wind, solar, hydro, and pumped storage, with an additional 20 GW under construction across 15 states. By 2030, the company aims to expand its portfolio to 50 GW and is working on a digitally enabled cloud energy platform to integrate renewables as mainstream energy sources in the grid.

News source: PV Magazine

Union Minister of New and Renewable Energy, Pralhad Joshi, recently visited Greenko’s $4.2 billion integrated renewable energy project at Pinnapuram in Andhra Pradesh. The project, which is expected to be the world’s largest GW-scale integrated renewable energy project upon completion, combines 4 GW of solar and 1 GW of wind power generation with 1.68 GW/10.08 GWh pumped hydro storage. It aims to decarbonize hard-to-abate industries like steel and aluminum. Developed with an investment of $1.2 billion for the pumped storage component and $3 billion for the solar and wind power infrastructure, the Pinnapuram project is advancing rapidly. During his visit, the minister took an aerial tour of the facility and observed various components of the mega project. He expressed that witnessing such an integrated renewable energy storage project was a matter of pride. He praised the initiative as a prime example of India’s green energy potential, which he attributed to the visionary leadership of Prime Minister Narendra Modi. He also commended the Government of Andhra Pradesh, led by Chief Minister Chandrababu Naidu, for its progressive policies that facilitated the project. Anil Chalamalasetty, Group CEO & MD of Greenko, highlighted that the project, once completed, would drive economic growth in the region, foster ancillary industries, and create employment opportunities. He also emphasized that the project would help avoid 3.3 million tonnes of CO? emissions annually. Greenko is developing multiple pumped hydro storage projects across India, aiming to establish a cloud storage platform with a capacity of over 100 GWh. Currently, Greenko operates nearly 12 GW of capacity across wind, solar, hydro, and pumped storage, with an additional 20 GW under construction across 15 states. By 2030, the company aims to expand its portfolio to 50 GW and is working on a digitally enabled cloud energy platform to integrate renewables as mainstream energy sources in the grid. News source: PV Magazine

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..