15-November-2026
Economy News
 
ReNew to invest Rs 80,000 crore in Andhra, Rs 67,000 crore for green data centre
14-Nov-2026

ReNew Energy Global on Thursday announced fresh investments of nearly Rs 80,000 crore in Andhra Pradesh, with the bulk of the spending earmarked for a 1 gigawatt (GW) green hyperscale data centre, as the clean energy company expands into digital infrastructure alongside solar and permanent magnet manufacturing. Of the total investment, Rs 67,000 crore will go towards the data centre in Anakapalli, while Rs 11,000 crore has been committed for polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore. Another Rs 1,500 crore will be invested in a permanent magnet manufacturing plant in Rambilli.

News Source:- https://www.financialexpress.com/policy/economy-renew-to-invest-rs-80000-crore-in-andhra-rs-67000-crore-for-green-data-centre-4384085/?ref=economy_hp