Vizag CII Summit: ReNew invests ₹80,000 crore in green data center, solar manufacturing in Andhra Pradesh

ReNew Founder and CEO Sumant Sinha (left) and Co-Founder and Chairman (Sustainability) Vaishali Nigam Sinha with IT Minister Nara Lokesh at the CII Partnership Summit 2026 in Visakhapatnam on Thursday. | Photo credit: Special arrangement

ReNew Energy Global Plc, a leading decarbonisation solutions company, has announced new investments of around ₹ 80,000 crore in Andhra Pradesh, spanning digital infrastructure and clean energy generation.

The investments include a 1GW Green Hyperscale Data Center at Anakapalli, ₹11,000 crore polysilicon and metallurgical silicon plants at Anakapalli and Nellore; and a ₹1,500 crore permanent magnet factory at Rambilli.

In addition, the company will set up a ReNew Center for Technical Excellence in Visakhapatnam under the PM SETU Scheme.

The announcements were made at the CII Partnership Summit 2026 held in Visakhapatnam under the leadership of Chief Minister N. Chandrababu Naidu and in the presence of IT & HRD Minister Nara Lokesh.

Together, these investments expand ReNew’s presence across digital infrastructure, renewable energy, clean energy generation and skills and deepen its longstanding partnership with Andhra Pradesh.

Commenting on the proposals, Sumant Sinha, founder and CEO of ReNew, said Andhra Pradesh is emerging as an important destination for India’s industrial and digital growth and ReNew’s investment will bring together two of India’s biggest growth opportunities, digitization and decarbonisation, while boosting clean energy generation, infrastructure and skills.

ReNew worked in tandem with the Andhra Pradesh government to achieve the state’s target of generating 78.50 GW of solar power, 35 GW of wind power capacity and 25 GWh of battery energy storage systems, Mr. Sinha said.

Co-founder Vaishali Nigam Sinha and CEO (Solar Manufacturing) Sanjay Varghese were present.

Published – 12 Nov 2026 23:29 IST