Essar Power plans to invest approximately ₹4,500 crore in the project, combining solar, wind and battery storage.
Essar Renewables Limited, the renewable energy arm of Essar Power, has signed a power purchase agreement with NHPC for a 300 MW firm and dispatchable renewable energy project in Andhra Pradesh, according to the company’s announcement dated 4 November 2026.
The project will integrate solar and wind generation with battery energy storage systems (BESS) to support reliable, dispatchable renewable electricity. Essar Power plans to invest approximately ₹4,500 crore in its development.
The investment forms part of Essar Power’s ambition to build a diversified energy portfolio of approximately 5 GW, spanning renewable, thermal and gas-based generation.
The announcement confirms the signing of a power purchase agreement. It does not specify a commissioning date or confirm construction commencement. Separate solar, wind and battery capacities have not been disclosed.