New Delhi, Nov. 13 -- Andhra Pradesh has attracted fresh investments worth nearly Rs.90,000 crore from two of India's leading renewable energy companies-ReNew Energy Global Global Plc and Hero Future Energies-as the state accelerates its push to become a national hub for green energy projects.
Both the companies have signed agreements with the state government committing the investments.
In a statement on Thursday, Nasdaq-listed ReNew said it has signed four memoranda of understanding (MoUs) with the Andhra Pradesh Economic Development Board. The MoUs pertain to setting up a 6 gigawatt (GW) solar ingot-wafer plant, a 2GW pumped hydro project, a 300 kilotonne per annum (KTPA) green ammonia facility, and 5GW of hybrid projects-including w...
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