ReNew to invest ₹80,000 crore in Andhra Pradesh infrastructure
The investment includes a ₹67,000 crore green data centre and manufacturing facilities for solar and permanent magnets.
ReNew Energy Global Plc announced on Thursday, November 12, that it will invest approximately ₹80,000 crore in Andhra Pradesh across digital infrastructure and clean energy manufacturing. The company made the announcement at the Confederation of Indian Industry (CII) Partnership Summit 2026 in Visakhapatnam, according to Business Today.
The largest portion of the investment is a ₹67,000 crore 1 GW green hyperscale data centre in Anakapalli. This facility will be powered by renewable energy to support the growing demand for large-scale computing infrastructure.
ReNew will also invest ₹11,000 crore in polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore. Additionally, the company plans to spend ₹1,500 crore on a permanent magnet manufacturing facility in Rambilli, which is expected to be commissioned by March 2029.
The company will collaborate with the state government to establish the ReNew Centre for Technical Excellence (R-CTE) in Visakhapatnam. Under the Prime Minister's Skilling and Employability Transformation through Upgraded ITIs (PM SETU) Scheme, it will develop the Gajuwaka cluster of five Industrial Training Institutes.
ReNew Founder-Chairman and CEO Sumant Sinha said Andhra Pradesh is emerging as an important destination for India’s industrial and digital growth. He stated the investments bring together digitalisation and decarbonisation while strengthening clean energy manufacturing and skills.
The company's existing 6.5 GW ingot and wafer manufacturing facility in Anakapalli is expected to be commissioned by March 2028.