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Project: Minister applauds Greenko’s project

Fiinews by Fiinews
April 21, 2025
in Projects
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Minister Joshi visiting Greenko project.

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Pinnapuram project would drive economic growth in AP

Minister of New and Renewable Energy Pralhad Joshi has applauded its scale and rapid progress of the US$4.2 billion Integrated Renewable Energy Project at Pinnapuram near Kurnool in Andhra Pradesh https://www.commerce.gov.in/.

The Minister visited the project on 18 April, taking overview of the 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 generation, the Pinnapuram project supports green steel, green aluminum, and green hydrogen production industries https://www.conexpoconagg.com/.

It is set up by Greenko, a world’s leading energy transition and decarbonization solutions company.

Speaking on the occasion, Joshi said, “Witnessed an Integrated Renewable Energy Storage Project at Pinnapuram in action, the world’s first and largest of its kind, right here in our country https://ted.europa.eu/en/.”

The Minister also commended the State Government of Andhra Pradesh, under Chief Minister N. Chandrababu Naidu, for its progressive policies that have made this pioneering effort possible.

Explaining technical aspects of the project, Anil Chalamalasetty, Group CEO & MD of Greenko, said the groundbreaking initiative, combining solar, wind, and pumped storage power, will make a vital contribution to global efforts to decarbonize hard-to-abate industries https://sbi.com.in/ .

He said, the project would drive economic growth in the region, foster the development of ancillary industries, and create employment opportunities https://www.iea.org/.

The project will help in clean energy generation avoiding 3.3 million tonnes of carbon emissions annually and enhance India’s energy security. Greenko has Intelligent RE Cloud Storage Platform, combined with India’s One Nation, One Grid policy, facilitates production of the world’s lowest-cost green molecules and driving the acceleration of global economies’ decarbonization. Fiinews.com

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