ReNew Commits Rs 29,500 Crore to Two Andhra Pradesh Projects
ReNew has given an in-principle commitment for a 2 GW pumped storage project and a green ammonia and e-fuel project in the state.
Key Takeaways
- ReNew has given an in-principle commitment of Rs 29,500 crore for two new projects in Andhra Pradesh.
- A 2 GW pumped storage project is worth Rs 12,500 crore.
- A green ammonia and e-fuel project is worth Rs 17,000 crore.
- The commitment came at the CII Partnership Summit in Visakhapatnam, in a meeting with Chairman and CEO Sumant Sinha.
- ReNew already runs 717 MW of wind and 60 MW of solar capacity across 10 sites in the state.
Table of Contents 5 sections
ReNew has given an in-principle commitment to invest Rs 29,500 crore in two new clean energy projects in Andhra Pradesh. The commitment came at a meeting between ReNew Chairman and CEO Sumant Sinha and state minister Nara Lokesh at the CII Partnership Summit in Visakhapatnam.
The larger of the two is a green ammonia and e-fuel project worth Rs 17,000 crore. The other is a 2 GW pumped storage project worth Rs 12,500 crore. Together the two add up to Rs 29,500 crore.
ReNew's Rs 29,500 crore Andhra Pradesh commitment at a glance
| Detail | Value |
|---|---|
| Company | ReNew |
| Total commitment | Rs 29,500 crore (in-principle) |
| Project 1 | Green ammonia and e-fuel project, Rs 17,000 crore |
| Project 2 | 2 GW pumped storage project, Rs 12,500 crore |
| State | Andhra Pradesh |
| Where announced | CII Partnership Summit, Visakhapatnam |
| ReNew's representative | Sumant Sinha, Chairman and CEO |
What ReNew's two new Andhra Pradesh projects are
A pumped storage project stores power by pumping water up to a higher reservoir and then releasing it through turbines to make electricity when demand is high. The second project will make green ammonia and e-fuel.
ReNew's decade in Andhra Pradesh, from one wind farm to a large pipeline
ReNew Energy Global Plc describes itself as a decarbonisation solutions company. It entered Andhra Pradesh in 2015 with a 24 MW wind farm at Kalyandurg, and today runs 717 MW of wind and 60 MW of solar capacity across 10 sites in the state.
| When | What happened |
|---|---|
| 2015 | ReNew enters Andhra Pradesh with a 24 MW wind farm at Kalyandurg |
| May 2025 | ReNew commits about Rs 22,000 crore to a hybrid renewable energy project in the state |
| November 2025 | ReNew announces about Rs 60,000 crore of new plans in the state, including a 2 GW pumped hydro project and a green ammonia facility, taking its fresh investment there to about Rs 82,000 crore |
| November 2026 | In-principle commitment of Rs 29,500 crore for a pumped storage project and a green ammonia and e-fuel project |
Where ReNew stands in Andhra Pradesh after the new commitment
ReNew has given an in-principle commitment of Rs 29,500 crore to two new projects in Andhra Pradesh: a Rs 12,500 crore pumped storage project and a Rs 17,000 crore green ammonia and e-fuel project. The company already runs 717 MW of wind and 60 MW of solar capacity across 10 sites in the state.
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Frequently Asked Questions
How much will ReNew invest in Andhra Pradesh under the new commitment?
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How much is ReNew's pumped storage project worth?
How much is ReNew's green ammonia and e-fuel project worth?
Where was ReNew's commitment announced?
Who represented ReNew at the meeting?
How does a pumped storage project like ReNew's work?
What is ReNew?
When did ReNew enter Andhra Pradesh?
How much capacity does ReNew run in Andhra Pradesh today?
How much did ReNew announce for Andhra Pradesh in November 2025?
Is ReNew's Rs 29,500 crore commitment in-principle?
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