India's Tata Power unit exploring $5.6 billion clean energy investment in Andhra state
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 07 2025
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Source: Reuters
Tata Power's Investment Plans: Tata Power Renewable Energy Ltd is planning to invest 490 billion Indian rupees ($5.63 billion) in 7 GW of green energy projects in Andhra Pradesh, focusing on solar, wind, and hybrid solutions.
India's Renewable Energy Goals: India aims to establish 500 GW of non-fossil fuel electricity capacity by 2030 but has faced challenges, including undersubscribed tenders and infrastructure issues, hindering progress towards its renewable energy targets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
