ReNew Power Lines Up Rs 22k-Cr Capex In AP

Vijayawada: ReNew Power, a leading green energy company, is set to invest Rs22,000 crore in establishing India’s largest renewable energy complex in Andhra Pradesh, marking its return to the state after five years. ReNew will set up a 1,800 megawatt solar energy plant and another 1,000 MW wind facility along with a battery energy storage system (BESS) of 2 gigawatt hour (GWh) in two phases at Anantapur in Andhra Pradesh, sources with direct knowledge of the matter said.

The company will also set up a 100-kilometre extra-high voltage (EVH) line for transmission of the clean power. Groundbreaking for the project is planned for May 16, which is likely to be attended by Nara Lokesh, Minister for Information Technology, Electronics, Communications, and Human Resources Development in the Andhra Pradesh government.

In the first phase, ReNew will set up 587MW of solar plant and a 250.8MW wind project alongside a 415 MWh BESS, they said, adding that the remaining capacity would be developed in the subsequent phases.