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ReNew Announces Rs 29,500 cr Investment in Ammonia and e-fuel Project in AP
In Short
ReNew announces investments worth Rs. 29,500 crore in Andhra Pradesh for a 2 GW pumped storage facility and green ammonia and e-fuel projects, strengthening the state's renewable energy sector and industrial development.

ReNew Announces Rs 29,500 cr Investment in Ammonia and e-fuel Project in AP
ReNew energy company has committed to invest Rs 29,500 crore in Andhra Pradesh through two major projects — a 2 GW pumped storage facility and a green ammonia and e-fuel project.”
The proposed investments include Rs 12,500 crore for a 2 GW pumped storage project and Rs 17,000 crore for a green ammonia and e-fuel project.
This deal got its final shape during a meeting between Andhra Pradesh Minister for IT and Electronics Nara Lokesh and ReNew Chairman and CEO Sumant Sinha on the sidelines of the CII Partnership Summit here on Thursday.
ReNew entered Andhra Pradesh in 2015 with a 24 MW wind farm at Kalyandurg. It currently operates 717 MW of wind power and 60 MW of solar capacity across 10 locations in the state, according to the release.
The company's other investments in the state include a Rs 22,000 crore hybrid power project at Guntakal, comprising 1.8 GW of solar capacity, 1 GW of wind power and 2 GWh of battery storage.
It is also developing a 1,000 MW green data centre at Makavaripalem in Anakapalli district with an investment of Rs 85,200 crore, said the press release, adding that the project is expected to generate 1,880 jobs.
The State Investment Promotion Board approved it on August 12, 2026, while 433.30 acres were allotted to ReNew AP Green Data Center Pvt Ltd through a government order dated August 21, 2026.
Another project is a Rs 4,200 crore ingot and wafer manufacturing facility with a capacity of 6.5 GW at Rambilli, for which the foundation stone was laid in August 2026.
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