Essar Power to invest Rs 4,500 cr in 300 MW renewable energy project in Andhra Pradesh

What's behind this

Essar Renewables has signed a power purchase agreement with NHPC for a 300 MW renewable project in Andhra Pradesh. Essar Power will invest about ₹4,500 crore in the venture, which will combine solar, wind and battery energy storage systems to provide dispatchable renewable power. The project forms part of Essar Power’s broader strategy to develop a diversified energy portfolio of roughly 5 GW across renewable, thermal and gas‑based generation.

AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.