Andhra Pradesh Chief Minister N Chandrababu Naidu will lay the foundation stone for a mega solar manufacturing facility of ReNew , in Anakapalli district near Visakhapatnam on April 23.
This is one of the key projects approved under Andhra Pradesh’s integrated Clean Energy Policy 2024 and comes at a time when India is aiming to achieve 500 GW of non-fossil fuel capacity by 2030 while simultaneously reducing import dependence and strengthening domestic manufacturing under the vision of Atmanirbhar Bharat.
The upcoming facility - a 6 GW solar ingot and wafer manufacturing unit - represents an investment of approximately ₹5,400 crore and is a key step in building a resilient domestic solar supply chain.
By manufacturing critical upstream components such as ingots and wafers, the project will significantly reduce reliance on imports and strengthen India’s energy security.
The project is also part of ReNew’s broader ₹82,000 crore investment commitment in Andhra Pradesh, announced earlier, underscoring strong investor confidence in the state’s policy ecosystem and governance.
Once operational, the facility is expected to be commissioned within 24 months and generate over 2,100 direct and indirect jobs, further boosting industrial growth and employment in the region.
Published on April 22, 2026