ReNew Energy Global Plc would invest ₹80,000 crore in Andhra Pradesh to set up a 1 GW green hyperscale data center and domestic polysilicon and permanent magnet manufacturing units, according to official declarations on November 13. The greatest chunk of the spending is a proposed ₹67,000 crore renewable-powered hyperscale data center at Anakapalli to cater to high-density cloud and computing infrastructure.
The package also includes a permanent magnet manufacturing factory at Rambilli with an estimated cost of ₹1,500 crore that is scheduled to be commissioned around March 2029 to produce crucial components for wind turbines and electric vehicle motors. ReNew also wants to expand its upstream solar supply chain with plants for metallurgical silicon and polysilicon, which complement its 6.5 GW ingot and wafer facility under development in Anakapalli, projected to be operational around March 2028.
The corporation will also cooperate with the state government under the PM SETU framework to build industry-aligned technical training clusters.
