ReNew bets Rs 80,000 cr on AP’s data centre, energy

ReNew Energy Global Plc will make fresh investments of around Rs 80,000 crore in Andhra Pradesh, spanning green data centres, solar manufacturing, permanent magnets and technical skilling. The company will also establish the ReNew Centre for Technical Excellence (R-CTE) in Visakhapatnam under the PM SETU scheme. The announcements were made at the CII Partnership Summit 2026 in Visakhapatnam.

The total investment includes Rs 67,000 cr for a 1 GW green hyperscale data centre in Anakapalli, Rs 11,000 cr for polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore, and Rs 1,500 cr for a permanent magnet manufacturing facility in Rambilli, the company said in a statement on Thursday.

With these investments, ReNew will further expand its presence in digital infrastructure, renewable energy, clean energy manufacturing and skilling, bolstering its long-term partnership with Andhra Pradesh.

ReNew's upcoming 1 GW green hyperscale data centre in Anakapalli, which is a large-scale digital infrastructure project, will be powered by renewable energy. This centre will add another laurel to Andhra Pradesh's position as an emerging hub for hyperscale digital infrastructure while supporting the growing energy requirements of India's expanding digital economy.

The project also brings together two of ReNew's focus areas — decarbonisation and digital infrastructure — as demand for data centres rises with the growth of cloud computing and digital services.

The company's Rs 11,000 cr investment in polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore will strengthen the domestic solar manufacturing value chain, ReNew said.

The facilities 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 has another important project in the pipeline, as it plans to invest Rs 1,500 crore in a permanent magnet manufacturing facility in Rambilli. The facility is likely to be operational by March 2029.

The investments are aimed at expanding domestic manufacturing capabilities across components used in clean-energy technologies.

ReNew will work with the Andhra Pradesh government to develop the Gajuwaka cluster of five ITIs in Visakhapatnam as the ReNew Centre for Technical Excellence under the PM SETU Scheme.

The cluster is part of the PM SETU framework, under which a typical hub-and-spoke ITI cluster has an indicative investment of up to Rs 241 crore over five years.

“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,” said Sumant Sinha, founder, chairman and CEO, ReNew.