ReNew Power to Invest Rs 220 Bn in Andhra Pradesh Green Project
POWER & RENEWABLE ENERGY

ReNew Power to Invest Rs 220 Bn in Andhra Pradesh Green Project

ReNew Power has announced its plan to invest Rs 220 billion in setting up India’s largest renewable energy complex in Andhra Pradesh, marking its return to the state after a five-year hiatus. The company revealed that the project would include a solar energy plant with a capacity of 1,800 megawatts, a 1,000 MW wind energy facility, and a two-gigawatt-hour battery energy storage system (BESS), which would be developed in two phases.

The first phase of the project is expected to comprise 587 MW of solar power, 250.8 MW of wind energy, and a 415 MWh BESS. The remaining capacity is planned for development in subsequent stages. Additionally, a 100-kilometre extra-high-voltage (EHV) transmission line will be constructed to facilitate the evacuation of clean energy.

The official launch of the project is scheduled for May 16 and is likely to be attended by Nara Lokesh, Minister for Information Technology, Electronics, Communications, and Human Resources Development in the Andhra Pradesh government. The state government had approved the investment under its new integrated clean energy policy, which was introduced in October 2024.

ReNew Power’s investment signals its renewed commitment to Andhra Pradesh’s clean energy sector, following a period of inactivity in the state over the past five years.


News source: Manufacturing Today

ReNew Power has announced its plan to invest Rs 220 billion in setting up India’s largest renewable energy complex in Andhra Pradesh, marking its return to the state after a five-year hiatus. The company revealed that the project would include a solar energy plant with a capacity of 1,800 megawatts, a 1,000 MW wind energy facility, and a two-gigawatt-hour battery energy storage system (BESS), which would be developed in two phases.The first phase of the project is expected to comprise 587 MW of solar power, 250.8 MW of wind energy, and a 415 MWh BESS. The remaining capacity is planned for development in subsequent stages. Additionally, a 100-kilometre extra-high-voltage (EHV) transmission line will be constructed to facilitate the evacuation of clean energy.The official launch of the project is scheduled for May 16 and is likely to be attended by Nara Lokesh, Minister for Information Technology, Electronics, Communications, and Human Resources Development in the Andhra Pradesh government. The state government had approved the investment under its new integrated clean energy policy, which was introduced in October 2024.ReNew Power’s investment signals its renewed commitment to Andhra Pradesh’s clean energy sector, following a period of inactivity in the state over the past five years.News source: Manufacturing Today

Next Story
Real Estate

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Next Story
Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Next Story
Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement