ReNew Energy Global to Build 6.5 GW Solar Ingot‑Wafer Plant in Andhra Pradesh, Investing INR 4,200 Crore

RNW
April 23, 2026

ReNew Energy Global Plc announced the construction of a 6.5 GW solar ingot‑wafer manufacturing facility in the Anakapalli district of Andhra Pradesh, India, with a dedicated investment of INR 4,200 crore. The plant will produce ingots and wafers—critical upstream components for the company’s solar module and cell lines—and is slated for commissioning within 24 months.

The new facility is part of ReNew’s broader INR 82,000 crore commitment to Andhra Pradesh, which also includes a 22,000 crore hybrid renewable project in Anantapur. The ingot‑wafer plant alone is expected to create more than 2,100 direct and indirect jobs, reinforcing the state’s ambition to become a hub for clean‑energy manufacturing. The total project cost, including a 100 MW captive power plant, is reported as INR 5,400 crore, underscoring the scale of the investment.

By moving into ingot and wafer production, ReNew is deepening its backward integration and reducing reliance on imported components, a key objective of India’s Approved List of Models and Manufacturers (ALMM) framework. The move aligns with the country’s Make‑in‑India and 500 GW non‑fossil‑fuel target for 2030, positioning the company to capture a larger share of the domestic solar supply chain.

ReNew’s CEO Sumant Sinha highlighted the strategic importance of integrated value chains and the supportive ecosystem in Andhra Pradesh. He noted that ingot and wafer manufacturing is technically demanding, requiring precise temperature control and impurity management, and that the company is addressing these challenges through process‑engineering investments, diversified sourcing, and partnerships with technical institutions.

The project’s economic impact extends beyond job creation. By localizing upstream production, ReNew will reduce supply‑chain bottlenecks, lower component costs, and enhance the resilience of India’s solar industry. The facility also supports the state’s goal of becoming the “Silicon Coast of India,” attracting further investment and talent to the region.

Overall, the 6.5 GW plant represents a strategic pivot for ReNew, strengthening its competitive position, supporting national renewable energy targets, and delivering tangible economic benefits to Andhra Pradesh.

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