+
ReNew To Invest Rs 220 Bn in Andhra Hybrid Project
POWER & RENEWABLE ENERGY

ReNew To Invest Rs 220 Bn in Andhra Hybrid Project

ReNew Energy Global announced on Friday that it will invest Rs 220 billion (approximately $2.57 billion) to establish a large-scale hybrid renewable energy project in Andhra Pradesh, as it seeks to capitalise on India’s surging clean energy demand.

The project will contribute a total capacity of 2.8 gigawatts (GW), comprising 1.8 GW of solar and 1 GW of wind, and is expected to supply power during peak hours for up to four hours a day.

ReNew, India’s second-largest renewable energy company after Adani Green, has operations across ten Indian states and a global portfolio totalling 17.4 GW as of February 2025.

India, having missed its 2022 clean energy goals, is pushing to scale up renewable capacity to meet its 2030 target of 500 GW of non-fossil energy. A Global Energy Monitor report states that India must double its current capacity additions over the next five years to stay on track.


ReNew Energy Global announced on Friday that it will invest Rs 220 billion (approximately $2.57 billion) to establish a large-scale hybrid renewable energy project in Andhra Pradesh, as it seeks to capitalise on India’s surging clean energy demand.The project will contribute a total capacity of 2.8 gigawatts (GW), comprising 1.8 GW of solar and 1 GW of wind, and is expected to supply power during peak hours for up to four hours a day.ReNew, India’s second-largest renewable energy company after Adani Green, has operations across ten Indian states and a global portfolio totalling 17.4 GW as of February 2025.India, having missed its 2022 clean energy goals, is pushing to scale up renewable capacity to meet its 2030 target of 500 GW of non-fossil energy. A Global Energy Monitor report states that India must double its current capacity additions over the next five years to stay on track.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?