ReNew Bets Rs 80,000 Crore on Andhra Pradesh’s Green Data Centre
ReNew Energy Global Plc will invest approximately Rs 80,000 crore in Andhra Pradesh, covering green data centers, solar production, permanent magnets, and technical training.
The overall investment comprises Rs 67,000 crore for a 1 GW green hyperscale data center in Anakapalli, Rs 11,000 crore for polysilicon and metallurgical silicon production units in Anakapalli and Nellore, and Rs 1,500 crore for a permanent magnet production facility in Rambilli, the firm stated.
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Through these investments, ReNew will enhance its footprint in digital infrastructure, renewable energy, clean energy production, and skill development, strengthening its enduring collaboration with Andhra Pradesh.
ReNew's forthcoming 1 GW green hyperscale data center in Anakapalli, a significant digital infrastructure endeavor, will utilize renewable energy for its power needs. This center will enhance Andhra Pradesh's status as a rising center for hyperscale digital infrastructure and assist in meeting the increasing energy demands of India's growing digital economy.
The initiative unites two of ReNew's primary areas of focus — decarbonisation and digital infrastructure — as the need for data centres increases alongside the expansion of cloud computing and digital services.
ReNew stated that the investment of Rs 11,000 crore by the company in polysilicon and metallurgical silicon production facilities located in Anakapalli and Nellore will enhance the local solar manufacturing value chain.
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The facilities will enhance the company's current solar manufacturing investments, including its 6.5 GW ingot and wafer production site in Anakapalli, anticipated to be operational by March 2028. The firm has another significant project underway, intending to allocate Rs 1,500 crore for a permanent magnet production plant in Rambilli. The establishment is expected to be functional by March 2029.
The funds are focused on enhancing local production abilities for parts utilized in clean-energy technologies.
ReNew will collaborate with the Andhra Pradesh government to establish the Gajuwaka cluster of five ITIs in Visakhapatnam as the ReNew Centre for Technical Excellence within the PM SETU Scheme.
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The cluster forms a component of the PM SETU framework, where a standard hub-and-spoke ITI cluster has a projected investment of as much as Rs 241 crore over a five-year period.
“Andhra Pradesh is emerging as an important destination for India's industrial and digital growth, and ReNew is proud to deepen its partnership with the state. These investments bring together two of India's biggest growth opportunities, digitalisation and decarbonisation, while strengthening clean energy manufacturing, infrastructure and skills,” says Sumant Sinha, founder, chairman and CEO, ReNew.