Tata Power Renewable to Invest in Andhra Pradesh Green Projects

11 Mar 2025 CW Team

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power Company Ltd, has signed a memorandum of understanding (MoU) with the Andhra Pradesh government to develop renewable energy projects in the state. Under this strategic partnership, TPREL will collaborate on solar, wind, and hybrid projects 鈥� with or without storage solutions 鈥� with a total capacity of up to 7,000 MW (7 GW).

The investment for these projects is estimated at Rs 490 billion, positioning it as one of the largest renewable energy investments in Andhra Pradesh. These initiatives will not only help the state achieve its clean energy targets but also boost the local economy, foster skill development, and support livelihoods, contributing to the region鈥檚 socio-economic growth.

The projects will be developed under Andhra Pradesh鈥檚 Integrated Clean Energy (ICE) Policy, which aims to establish over 160 GW of renewable energy capacity with an investment potential of Rs 10 trillion. (cnbctv18)

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