In a major move that could redefine Andhra Pradesh’s industrial and green energy landscape, the Hinduja Group is to invest Rs 20000 cr in EV and the energy sector, marking one of the state’s biggest private commitments to date. This ambitious plan aims to accelerate the growth of renewable power and electric mobility while attracting global attention. Following a high-profile meeting between Chief Minister N. Chandrababu Naidu and Hinduja Group leaders in London, this multi-phase investment promises to spark innovation, create jobs, and establish Andhra Pradesh as a key player in India’s clean energy revolution.
Key Details of the Investment Plan
- Expansion of Power Infrastructure: As part of the agreement, the Hinduja Group will expand the capacity of its Visakhapatnam power plant by 1,600 MW. This expansion aims to strengthen the state’s energy security and support its growing industrial base.
- Renewable Energy Push in Rayalaseema: The group will establish large-scale solar and wind energy projects in the Rayalaseema region, leveraging the area’s natural potential for sustainable power generation. This move aligns with India’s renewable energy goals and Andhra Pradesh’s commitment to green growth.
- Electric Vehicle Manufacturing Plant: A new electric bus and light commercial vehicle (LCV) manufacturing facility will be set up at Mallavalli in Krishna district. This project will not only create employment opportunities but also position Andhra Pradesh as a key player in India’s expanding EV ecosystem.
- Statewide EV Charging Network: To complement its EV initiatives, Hinduja Group will develop a statewide network of electric charging stations in partnership with the Andhra Pradesh government. This will enhance charging accessibility and encourage the adoption of clean transportation across the state.
Government Collaboration and Vision
During the meeting, Ashok Hinduja (Chairman, Hinduja Group India), Prakash Hinduja (Chairman, Hinduja Group Europe), and Shom Hinduja (Founder, Hinduja Renewables) discussed potential collaborations in energy, transport, and green infrastructure with the Chief Minister.
Chief Minister Naidu emphasized that the partnership with the Hinduja Group reflects Andhra Pradesh’s growing appeal for sustainable industrial investments. He also highlighted the state’s supportive policies that make it an attractive destination for renewable and electric mobility projects.
Conclusion
This ₹20,000 crore investment by the Hinduja Group marks a significant step toward Andhra Pradesh’s transformation into a clean energy and EV powerhouse. By combining renewable energy projects, manufacturing infrastructure, and an EV charging network, the initiative aligns perfectly with India’s broader vision for a sustainable, green future.
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