Andhra Pradesh draws investments from Reliance, Brookfield, ReNew in energy

Andhra Pradesh attracted Rs 13.25 lakh crore of investment commitments by signing 613 MoUs during the 30th CII Partnership Summit 2025 in Visakhapatnam. The two-day event on November 14 and 15 drew strong interest from Indian and global investors. Chief Minister N Chandrababu Naidu called the summit historic and announced that the next edition will be held on the same dates in 2026.

The state saw participation from more than 4975 industrialists, including 640 international delegates. The summit featured 41 business sessions with 91 speakers and 16 business meetings involving representatives from eight countries. The MoUs are expected to create 16.31 lakh jobs. The state government said that the NDA administration has attracted more than Rs 20 lakh crore of investments in the last 17 months.  

Major investments were announced across renewable energy, green hydrogen, pumped storage, manufacturing and AI infrastructure. On November 14, Brookfield signed an MoU with Andhra Pradesh for investments of about $12 billion across multiple green energy projects. The plan includes a clean energy-powered 3 GW data centre and additional renewable installations. Brookfield will also review opportunities in module manufacturing, green molecules, hospitality, commercial real estate, ports, logistics and industrial townships. Brookfield is developing a 1.04 GW hybrid project in Kurnool through Evren, its joint venture with Axis Energy. REC Ltd recently sanctioned Rs 7500 crore for this project. Evren has planned more than 3 GW of projects in Kurnool and Anantapur as part of a broader national pipeline of 11 GW.

ReNew Energy Global Plc announced a fresh investment plan of Rs 60000 crore, taking its total commitments in the state to Rs 82000 crore. The company signed four MoUs to set up a 6 GW PV ingot wafer plant, a 2 GW pumped hydro project, a 300 kilotonne per year green ammonia facility and 5 GW of hybrid renewable projects. ReNew’s hybrid project in Anantapur will have 2.8 GW of capacity with solar, wind and 2 GWh of storage. The company said its latest investments will support local manufacturing, grid scale renewables and job creation.

Reliance Industries announced a new investment plan to build a 1 GW AI data centre in Andhra Pradesh. The facility will act as a twin to its gigawatt scale data centre in Jamnagar. Reliance said the centre will host advanced GPUs, TPUs and AI processors and will be supported by a 6 GWp solar power project in the state. The company reaffirmed its commitment to Andhra Pradesh across retail, Jio and oil and gas operations, noting that it has already invested more than $25 billion in the state. Reliance will also set up a greenfield integrated food park in Kurnool and develop compressed biogas hubs to support natural farming and rural development.

Websol Energy System Limited signed an MoU with the Andhra Pradesh Economic Development Board to explore a 4 GW integrated solar cell and module manufacturing facility. The project will be developed through a subsidiary and forms part of Websol’s plan to expand its total manufacturing capacity to 5200 MW across two phases. The project is still in an exploratory stage.

Chief Minister Naidu said that Andhra Pradesh is entering a new phase of technology-driven and sustainable growth. The state plans to promote decentralised development with Rayalaseema as a horticulture and industrial hub, Coastal Andhra as an aqua hub and Visakhapatnam as an AI hub. The government will set up MSME parks in all 175 Assembly constituencies and strengthen logistics across the state. Naidu expressed confidence that all investment proposals will be grounded in the next three and a half years, supported by a Group of Ministers that will monitor progress.