6 months ago
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In a large boost to Andhra Pradesh (A.P.)’s clean-energy ambitions, the Rural Electrification Corporation Limited (REC) sanctioned ₹7,500 crore backing for Brookfield’s 1,040 MW hybrid Renewable Energy (RE) task successful Kurnool district.
“Costing ₹9,910 crore, the task comprises 640 MW of upwind and 400 MW of star capableness and it is the azygous largest authorisation ever fixed by REC to a backstage assemblage project,” according to an authoritative release.
The task is being developed by Evren, a cleanable vigor level launched by Brookfield and Axis Energy arsenic a associated venture.
Evren has already lined up implicit 3 GW of RE projects crossed Kurnool and Anantapur districts forming a portion of Brookfield’s 8,000 MW pipeline successful Andhra Pradesh with a full concern of ₹50,000 crore.
This large milestone came successful the aftermath of IT Minister Nara Lokesh’s gathering with Brookfield Global President Connor Teskey successful London successful August 2025, wherever some sides explored opportunities for deeper collaboration crossed RE, AI-ready information centers, and greenish infrastructure sectors.
Brookfield is 1 of the world’s largest alternate concern managers, with much than U.S. $1 trillion successful Assets Under Management (AUM) and it is simply a person successful RE with astir 46 GW of installed capableness and a improvement pipeline of astir 200 GW globally. Its India portfolio spans RE, infrastructure, information centres, and existent estate.
According to manufacture experts, the supra REC-funded task is the archetypal successful the state to harvester State-level grid connectivity with a steadfast and dispatchable renewable powerfulness acquisition statement nether the Firm and Dispatchable Renewable Energy (FDRE) framework.
The hybrid wind-solar structure, coupled with artillery storage, volition guarantee continuous powerfulness proviso and heighten grid reliability.
Commenting connected the development, Mr. Lokesh said Andhra Pradesh was rapidly emerging arsenic India’s RE hub and that helium was delighted to spouse with planetary leaders specified arsenic Brookfield successful gathering the adjacent procreation of sustainable infrastructure that creates jobs, drives concern growth, and strengthens the State’s vigor security.
