New Delhi, April 24 -- Nasdaq-listed ReNew Energy Global Plc on Thursday announced it would set up a 6.5-gigawatt solar ingot and wafer manufacturing facility in Andhra Pradesh's Anakapalli district near Visakhapatnam, with an investment of Rs.4,200 crore.

In a statement, the company said the plant is likely to be commissioned within 24 months, creating over 2,100 direct and indirect jobs in the state. The investment is part of ReNew's Rs.82,000-crore investment commitment to the state made at the CII Partnership Summit 2025.

The facility will enable backward integration of ReNew's solar photovoltaics (PV) module and cell manufacturing by producing ingots and wafers, critical upstream components in the solar supply chain, the statement ...