Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to explore renewable energy projects in the state. The agreement was finalized in Amaravati and marks a significant step toward achieving the state’s renewable energy goals.
Under this MoU, TPREL and the state government will jointly evaluate opportunities for solar, wind, and hybrid renewable energy projects, with or without storage solutions. The projects could collectively generate up to 7,000 MW (7 GW) of clean energy, potentially attracting investments of up to ₹49,000 crore. This would make it one of the largest renewable energy investments in Andhra Pradesh.
The partnership aims to help the state increase its renewable energy capacity and transition toward a sustainable, green future. The projects will not only advance Andhra Pradesh’s clean energy agenda but also support local economic growth, create job opportunities, and promote skill development. This collaboration aligns with the state’s Integrated Clean Energy (ICE) Policy, which aims to develop over 160 GW of renewable energy with investments of up to ₹10 lakh crore.
Deepesh Nanda, CEO & Managing Director of TPREL, expressed enthusiasm about the partnership. He said, “We are excited to work with the Government of Andhra Pradesh to accelerate its clean energy efforts. Our expertise and technology will help drive large-scale renewable energy projects, strengthening the state’s position as a renewable energy hub and contributing to India’s sustainability targets.”
Shri Nara Lokesh, Andhra Pradesh’s Minister for Information Technology, Electronics & Communications, and Human Resources Development, welcomed the collaboration. He said, “This partnership strengthens the relationship between Andhra Pradesh and Tata Power Renewable Energy. We aim to attract clean energy investments and innovation, which will generate long-term economic and environmental benefits for the state. Our clean energy policy is expected to create ₹10 lakh crore in investments and generate 7.5 lakh jobs for the people of Andhra Pradesh.”
As part of the agreement, TPREL will conduct feasibility studies to assess the viability of the proposed projects. The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) will assist in identifying sites, providing facilitation, and supporting infrastructure for the projects. This initiative is expected to significantly enhance the state’s renewable energy capacity while reinforcing TPREL’s commitment to India’s clean energy transition.
Tata Power, part of the Tata Group, is a leading integrated power company with a diverse portfolio of 15.6 GW, covering renewable and conventional energy generation, transmission, distribution, and solar module manufacturing. The company generates 6.7 GW of clean energy, which accounts for 43% of its total capacity. Tata Power aims to achieve carbon neutrality by 2045 and serves approximately 12.5 million customers across India.
