Andhra secures Waaree Energies’ battery giga-factory with ₹8,175 crore investment
The Hindu
Andhra Pradesh secures ₹8,175 crore investment for Waaree Energies’ lithium-ion battery gigafactory, boosting clean-energy manufacturing and innovation.
In a major boost to India’s clean-energy manufacturing sector, Waaree Energies committed to establishing India’s largest integrated lithium-ion battery gigafactory at Rambilli in Anakapalli district with an investment of ₹8,175 crore.
According to an official release, the greenfield facility will have a capacity of 16 GWh and cover the complete battery value chain, including cell manufacturing, battery packs and Battery Energy Storage Systems.
The project received in-principle approval from the State Investment Promotion Board. Welcoming the investment, IT & HRD Minister Nara Lokesh said the project marks a significant milestone in the State’s clean-energy journey.
It would be India’s largest battery manufacturing plant and play a critical role in reducing import dependence while strengthening domestic manufacturing.
The project aligns with the Government of Andhra Pradesh’s vision of building a fully integrated clean-energy ecosystem across power generation, equipment manufacturing and energy storage.
Under the State’s Integrated Clean Energy Policy, Andhra Pradesh already attracted major investments in renewable power and solar manufacturing.
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