ReNew is set to commence construction of a 6 GW solar ingot and wafer manufacturing facility in Anakapalli district near Visakhapatnam, with the groundbreaking ceremony scheduled for April 23.
The project, with an estimated investment of ₹5,400 crore, is aimed at strengthening India’s domestic solar manufacturing ecosystem by producing critical upstream components such as ingots and wafers. The facility is expected to play a key role in reducing import dependence and enhancing energy security as the country advances towards its target of 500 GW of non-fossil fuel capacity by 2030.
The development aligns with the state’s Integrated Clean Energy Policy 2024, which is designed to attract large-scale investments and promote backward integration across the renewable energy value chain. The project also forms part of ReNew’s broader ₹82,000 crore investment commitment in Andhra Pradesh.
Once operational, the facility is expected to be commissioned within 24 months and generate over 2,100 direct and indirect employment opportunities, contributing to regional industrial growth.
The foundation stone for the project will be laid by N. Chandrababu Naidu in the presence of senior leadership from ReNew, including Sumant Sinha, along with government officials and industry stakeholders.
The project marks a significant step in advancing India’s clean energy ambitions, supporting domestic manufacturing, and positioning Andhra Pradesh as a key hub for renewable energy investments.
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