Hinduja Group To Invest Rs 200 Billion In Andhra Pradesh
POWER & RENEWABLE ENERGY

Hinduja Group To Invest Rs 200 Billion In Andhra Pradesh

Diversified conglomerate Hinduja Group has signed an agreement to invest Rs 200 billion (Rs 20,000 crore) in Andhra Pradesh over multiple phases, following a meeting with Chief Minister N. Chandrababu Naidu in London, the state government announced on Monday.

Naidu met Ashok Hinduja, Chairman of Hinduja Group India; Prakash Hinduja, Chairman of Hinduja Group Europe; and Shom Hinduja, Founder of Hinduja Renewables, to explore investment opportunities in the energy and transport sectors.

According to a government release, “An agreement of Rs 200 billion investment in phases was signed between the Andhra Pradesh government and the Hinduja Group to expand its investments in the state.”

As part of the pact, the Hinduja Group will expand the capacity of its Visakhapatnam power plant by 1,600 MW and develop solar and wind energy projects across the Rayalaseema region to strengthen the state’s renewable energy portfolio.

The conglomerate also plans to set up an electric bus and light commercial vehicle manufacturing plant at Mallavalli in Krishna district, aimed at bolstering Andhra Pradesh’s electric vehicle ecosystem.

Additionally, the agreement includes the creation of a statewide network of electric charging stations, in collaboration with the government, to promote green mobility and reduce carbon emissions.

Chief Minister Naidu stated that the partnership highlights Andhra Pradesh’s emergence as a key hub for renewable energy, electric mobility, and sustainable industrial growth.

Diversified conglomerate Hinduja Group has signed an agreement to invest Rs 200 billion (Rs 20,000 crore) in Andhra Pradesh over multiple phases, following a meeting with Chief Minister N. Chandrababu Naidu in London, the state government announced on Monday. Naidu met Ashok Hinduja, Chairman of Hinduja Group India; Prakash Hinduja, Chairman of Hinduja Group Europe; and Shom Hinduja, Founder of Hinduja Renewables, to explore investment opportunities in the energy and transport sectors. According to a government release, “An agreement of Rs 200 billion investment in phases was signed between the Andhra Pradesh government and the Hinduja Group to expand its investments in the state.” As part of the pact, the Hinduja Group will expand the capacity of its Visakhapatnam power plant by 1,600 MW and develop solar and wind energy projects across the Rayalaseema region to strengthen the state’s renewable energy portfolio. The conglomerate also plans to set up an electric bus and light commercial vehicle manufacturing plant at Mallavalli in Krishna district, aimed at bolstering Andhra Pradesh’s electric vehicle ecosystem. Additionally, the agreement includes the creation of a statewide network of electric charging stations, in collaboration with the government, to promote green mobility and reduce carbon emissions. Chief Minister Naidu stated that the partnership highlights Andhra Pradesh’s emergence as a key hub for renewable energy, electric mobility, and sustainable industrial growth.

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App