Greenko Launches $4.2 Bn Renewable Energy and Storage Project in AP
POWER & RENEWABLE ENERGY

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

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

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code