Tata Power Renewable Energy signs deal to explore RE projects in Andhra

 The company signed a memorandum of understanding (MoU) with the government of Andhra Pradesh on Friday in Amaravati, marking a significant step towards advancing the state’s renewable energy ambitions.

 This partnership aligns with the state’s vision to enhance its renewable energy portfolio and accelerate the transition towards a sustainable and green energy future.

 The proposed projects would be developed under Andhra Pradesh’s Integrated Clean Energy (ICE) Policy, a landmark clean energy framework that aims for the state to develop over 160 GW of renewable energy, with an investment potential of ₹10 trillion.

As part of the agreement, TPREL will conduct preliminary assessments, feasibility studies, and development activities to explore the viability of these projects.

The New and Renewable Energy Development Corporation of Andhra Pradesh will provide requisite support in terms of facilitation, site identification, and assistance in evacuation infrastructure.

This initiative is expected to significantly enhance Andhra Pradesh’s renewable energy capacity while reinforcing TPREL’s commitment to supporting India’s clean energy mission, the company said.