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Essar Signs NHPC Power Agreement for 300 MW Renewable Project in Andhra Pradesh

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.

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