ReNew Commits ₹29,500 Crore for Pumped Storage and Green Ammonia Projects in Andhra Pradesh.

Investments include a 2 GW pumped-storage facility and a green-ammonia and e-fuel project, strengthening the state's clean-energy ecosystem.
  Renewable energy company ReNew has committed ₹29,500 crore to two major clean energy projects in Andhra Pradesh. The announcement was made during a meeting between Andhra Pradesh IT and Electronics Minister Nara Lokesh and ReNew Chairman and CEO Sumant Sinha at the CII Partnership Summit in Visakhapatnam. The proposed investments include ₹12,500 crore for a 2 GW pumped storage facility and ₹17,000 crore for a green ammonia and e-fuel project. The initiatives aim to strengthen the state's renewable energy and energy storage infrastructure. ReNew currently operates 717 MW of wind power and 60 MW of solar capacity across 10 locations in Andhra Pradesh. Its other investments include a ₹22,000 crore hybrid power project at Guntakal and an upcoming ₹4,200 crore ingot and wafer manufacturing facility at Rambilli. The state government has assured support for timely implementation, reinforcing Andhra Pradesh's ambition to become a major clean energy hub.