Andhra Pradesh Chief Minister N Chandrababu Naidu will lay the inspiration stone for a mega photo voltaic manufacturing facility of ReNew , in Anakapalli district close to Visakhapatnam on April 23.
This is likely one of the key tasks permitted below Andhra Pradesh’s built-in Clear Power Coverage 2024 and comes at a time when India is aiming to attain 500 GW of non-fossil gas capability by 2030 whereas concurrently lowering import dependence and strengthening home manufacturing below the imaginative and prescient of Atmanirbhar Bharat.
The upcoming facility – a 6 GW photo voltaic ingot and wafer manufacturing unit – represents an funding of roughly ₹5,400 crore and is a key step in constructing a resilient home photo voltaic provide chain.
By manufacturing crucial upstream elements equivalent to ingots and wafers, the undertaking will considerably scale back reliance on imports and strengthen India’s vitality safety.
The undertaking can also be a part of ReNew’s broader ₹82,000 crore funding dedication in Andhra Pradesh, introduced earlier, underscoring sturdy investor confidence within the state’s coverage ecosystem and governance.
As soon as operational, the ability is anticipated to be commissioned inside 24 months and generate over 2,100 direct and oblique jobs, additional boosting industrial progress and employment within the area.
Printed on April 22, 2026
