Chief Minister N. Chandrababu Naidu to lay foundation stone for ReNew’s 6 GW solar ingot and wafer facility in Andhra Pradesh
ReNew, a Nasdaq-listed renewable energy company, will break ground today on its 6 GW solar ingot and wafer manufacturing facility in Andhra Pradesh. Chief Minister N. Chandrababu Naidu will lay the foundation stone at the project site in Anakapalli district.
ReNew, a Nasdaq-listed renewable energy company, will break ground today on its 6 GW solar ingot and wafer manufacturing facility in Andhra Pradesh. Chief Minister N. Chandrababu Naidu will lay the foundation stone at the project site in the presence of ReNew’s senior leadership, including founder, chairman and CEO Sumant Sinha, along with public representatives and industry stakeholders.
The facility, to be located in Anakapalli district near Visakhapatnam, will be built with an investment of around INR 5,400 crore. By manufacturing upstream components such as ingots and wafers, the project is expected to reduce India’s reliance on imports.
The project is being developed under Andhra Pradesh’s Integrated Clean Energy Policy 2024, which aims to attract large-scale investments, enable backward integration in manufacturing, and position the state as a global clean energy hub.
The facility is part of ReNew’s broader INR 82,000 crore investment commitment in Andhra Pradesh, announced earlier.
ReNew expects to commission the ingot and wafer facility within 24 months.
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