Vizag CII Summit: ReNew to invest ₹80,000 crore in green data centre, solar manufacturing in Andhra Pradesh
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ReNew's founder and CEO Sumant Sinha (left) and co-founder and chairperson (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 fresh investments of approximately ₹80,000 crore in Andhra Pradesh, spanning digital infrastructure and clean energy manufacturing.
The investments include a ₹67,000-crore 1 GW Green Hyperscale Data Centre in Anakapalli, ₹11,000-crore polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore; and a ₹1,500-crore permanent magnet manufacturing facility in Rambilli.
Besides, the company will set up the ReNew Centre 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, the investments expand ReNew’s presence across digital infrastructure, renewable energy, clean energy manufacturing and skilling, deepening its long-term partnership with Andhra Pradesh.
Commenting on the proposals, Sumant Sinha, Founder-Chairman and CEO of ReNew, said that Andhra Pradesh was emerging as an important destination for India’s industrial and digital growth, and ReNew’s investments would bring together two of India’s biggest growth opportunities, digitalisation and decarbonisation, while strengthening clean energy manufacturing, infrastructure and skills.
ReNew was working in tandem with the Andhra Pradesh government towards achieving the State’s target of generating 78.50 GW of solar, 35 GW of wind power capacity, and 25 GWh of battery energy storage systems, Mr. Sinha said.
Company’s co-founder Vaishali Nigam Sinha and CEO (Solar Manufacturing) Sanjay Varghese were present.
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