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

Next Story
Real Estate

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Next Story
Real Estate

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Next Story
Technology

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement