Pinnapuram (Andhra Pradesh), Apr 18 (UNI) Union Minister of New and Renewable Energy Pralhad Joshi visited Greenko’s largest GW-scale Integrated Renewable Energy Project here on Friday.
The project is being developed with a total investment of USD 4.2 billion — comprising USD 1.2 billion for the pumped storage component and USD 3 billion for the solar and wind generation infrastructure.
This pioneering, world-first Renewable Energy Project includes 4,000 MW of solar, 1,000 MW of wind, and 1,680 MW of pumped hydropower generation.
With a storage capacity of 10,080 MWh per day in a single cycle, the dispatchable, carbon-free energy generated from the project will support industries such as green steel, green aluminum, and green hydrogen production.
During his visit on Thursday, the Union Minister took an aerial tour of the facility and visited various components of the mega integrated renewable energy project.
Commenting on his visit, the Union Minister said, “Witnessing an Integrated Renewable Energy Storage Project at Pinnapuram in action — the world’s first and largest of its kind, right here in our country — is a matter of pride and a shining example of India’s green energy potential under the visionary leadership of Prime Minister Narendra Modi.
The Andhra Pradesh government, under Chief Minister Chandrababu Naidu ji, for its progressive policies that have made this pioneering effort possible, Joshi added.
Welcoming and thanking the Union Minister for his visit, Anil Chalamalasetty, Group CEO & Managing Director of Greenko, led a detailed tour showcasing the project's key features and benefits.
This groundbreaking initiative, which combines solar, wind, and pumped storage power, will make a vital contribution to global efforts to decarbonize hard-to-abate industries.
Anil expressed that this rapidly progressing project, once completed, would drive economic growth in the region, foster the development of ancillary industries, and create employment opportunities.
He emphasised that the project will help avoid 3.3 million tonnes of CO₂ emissions annually. Designed for clean energy generation, storage, and on-demand supply, the project will play a pivotal role in enhancing India’s energy security and accelerating its transition to greener sources.
Greenko is leading the energy transition with its innovative storage solutions, developing several pumped hydro storage projects across India to establish a cloud storage platform with a capacity of over 100 GWh, he added .
UNI KNR CS