ReNew to invest ₹80,000 crore in Andhra Pradesh across data centre, solar and magnet manufacturing

Detailed summary

The proposed 1 GW Green Hyperscale Data Centre in Anakapalli will be a large-scale digital infrastructure project powered by renewable energy. The facility is expected to strengthen Andhra Pradesh's position as an emerging hub for hyperscale digital infrastructure while supporting the growing energy requirements of India's digital economy.

Renewable energy company ReNew Energy Global Plc on Thursday (November 12) announced fresh investments of approximately ₹80,000 crore in Andhra Pradesh across digital infrastructure and clean energy manufacturing, including a ₹67,000 crore, 1 gigawatt (GW) green hyperscale data centre in Anakapalli.

The investment package also includes ₹11,000 crore for polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore, and ₹1,500 crore for a permanent magnet manufacturing facility in Rambilli.

The announcements were made at the Confederation of Indian Industry (CII) Partnership Summit 2026 in Visakhapatnam, in the presence of Andhra Pradesh Chief Minister N. Chandrababu Naidu and Information Technology, Electronics and Communications and Human Resources Development Minister Nara Lokesh.

The investments will expand ReNew's presence across digital infrastructure, renewable energy, clean energy manufacturing and skill development in Andhra Pradesh.

The proposed 1 GW Green Hyperscale Data Centre in Anakapalli will be a large-scale digital infrastructure project powered by renewable energy. The facility is expected to strengthen Andhra Pradesh's position as an emerging hub for hyperscale digital infrastructure while supporting the growing energy requirements of India's digital economy.

ReNew will invest ₹11,000 crore in polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore to strengthen the domestic solar manufacturing value chain.

These projects will complement the company's existing solar manufacturing investments, including its 6.5 GW ingot and wafer manufacturing facility in Anakapalli, which is expected to be commissioned by March 2028.

The company also plans to invest ₹1,500 crore in a permanent magnet manufacturing facility in Rambilli. The facility is expected to be commissioned by March 2029.

Under the Prime Minister's Skilling and Employability Transformation through Upgraded ITIs (PM SETU) Scheme, ReNew will…

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