Tata Power Renewable Energy signed a MoU to develop upto 7,000 MW of renewable energy projects

Tata Power Renewable Energy Limited, a subsidiary of The Tata Power Company Limited and a leading player in India’s renewable energy sector, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to collaborate and explore opportunities in the development of renewable energy projects in the state.

Under this strategic agreement, Tata Power Renewable Energy Limited and the Government of Andhra Pradesh will jointly explore Renewable Energy (RE) development opportunities of up to 7,000 MW (7 GW), including Solar, Wind, and Hybrid projects with or without storage solutions.

The estimated investment in these projects stands at approximately upto ₹ 49,000 crore, making it one of the largest renewable energy investments in the state. 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.

Speaking on the occasion, Mr. Deepesh Nanda, CEO & Managing Director, Tata Power Renewable Energy, said, “We are delighted to partner with the Government of Andhra Pradesh in advancing the state’s clean energy journey. By leveraging our expertise and cutting-edge technology, this partnership will drive large-scale renewable adoption and contribute to India’s sustainability goals. Developing upto 7GW of clean energy projects will further strengthen Andhra Pradesh’s position as a renewable energy hub and accelerate its transition towards a low-carbon economy.”