Reliance Power to Invest Rs.165 Billion in Andhra Pradesh

16 Jan 2025 CW Team

Reliance Power Ltd, led by Anil Ambani, has announced an ambitious investment of over Rs 165 billion in two major renewable energy projects in Andhra Pradesh.

The company’s renewable energy arm, Reliance NU Suntech Pvt Ltd, has secured a contract to develop a 930 MW solar power plant coupled with 1860 MWh battery storage capacity. This facility, set to be the largest of its kind in Asia, will be established in Kurnool and is expected to be operational within 24 months of signing a power purchase agreement with the Solar Energy Corporation of India (SECI).

A spokesperson highlighted that the project would generate around 1,000 direct jobs and employ an additional 5,000 workers during construction.

In addition, Reliance Power plans to invest Rs 65 billion in setting up an integrated solar manufacturing facility in Andhra Pradesh. The company is currently scouting for 1,500 acres of land for this project.

These initiatives align with India’s renewable energy goals and are set to reinforce Andhra Pradesh’s position as a hub for green energy.

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