Andhra approves Rs 4,000-crore ReNew Photovoltaics solar ingot, wafer facility
The Andhra Pradesh State Investment Promotion Board headed by Chief Minister N Chandrababu Naidu has approved a Rs 4,000-crore solar ingot and wafer production facility by ReNew Photovoltaics at Rambilli in Anakapalli district.
The 6 GW greenfield facility of ReNew Energy Global PLC’s subsidiary will manufacture the core building blocks used in solar cells and modules.
“ReNew Photovoltaics, a subsidiary of ReNew Energy Global PLC, is investing Rs 3,990 crore to set up a greenfield plant at Rambilli in Anakapalli (district). The proposal was approved by the Andhra Pradesh State Investment Promotion Board,” said an official press release on Friday.
