ReNew Energy will invest INR 4,200 crore to set up a 6.5 GW solar ingot and wafer facility in Andhra Pradesh
The plant will enable its backward integration into upstream solar manufacturing and reduce import dependence
The company expects to generate over 2,100 jobs and be operational within 24 months
ReNew Energy Global Plc expects to invest around INR 4,200 crore for a 6.5 GW solar ingot and wafer manufacturing facility, coming up in Andhra Pradesh, calling it one of India’s 1st greenfield factories for this technology.
The factory in Andhra Pradesh’s Anakapalli district near Visakhapatnam is scheduled to become operational within 24 months. It will be in time when the Indian government’s planned expansion of the Approved List of Models and Manufacturers (ALMM) to cover wafers under List-III comes into force from June 2028 (see India To Enforce ALMM List-III For Ingots, Wafers On June 1, 2028).
The addition of wafer production is expected to complete ReNew’s presence across the solar value chain, adding to its solar module and cell manufacturing operations. ReNew currently has 6.5 GW of module manufacturing capacity and is expanding cell capacity to the same level by December 2026. Currently, it has an operational cell capacity of 2.5 GW. As of December 2025, its total external order book stood at 900 MW (see ReNew Energy Improves Q3 FY26 Revenue; Narrows Net Loss).
Andhra Pradesh Chief Minister N. Chandrababu Naidu recently laid the foundation stone for the 6.5 GW fab. ReNew said the investment is part of its INR 82,000 crore investment commitment made for the state at the CII Partnership Summit 2025. This includes INR 22,000 crore for a 2.8 GW wind and solar project along with a 2 GWh battery energy storage system (BESS) (see ReNew To Expand Vertical Integration With 6 GW Upstream Plant).
The new factory is expected to create over 2,100 direct and indirect jobs in the state. According to the management, the facility will help localize key components of the solar supply chain, reduce reliance on imports, and support India’s broader clean energy transition.
ReNew’s total operational renewable energy capacity at the end of FY 2026 (ended March 31, 2026) had reached around 12.6 GW, including 2.4 GW commissioned during the year. The newly commissioned capacity includes 1.75 GW solar, 620 MW wind, and 25 MW/100 MWh of BESS. Its gross capacity as of March 31, 2026, reached 20 GW. It also produced more than 4.1 GW of solar modules and almost 1.86 GW of cells during the year.
