April 19, 2025: Union Minister of New and Renewable Energy & Consumer Affairs, Food & Public Distribution, Shri Pralhad Joshi toured Greenko’s Integrated Renewable Energy Project in Pinnapuram, near Kurnool, Andhra Pradesh, on Friday. The Minister applauded the project’s massive scale, technological integration, and swift progress, calling it a “shining example” of India’s green leadership.
Set up by Greenko Group, a frontrunner in energy transition and decarbonization solutions, the $4.2 billion project is officially the world’s largest Integrated Renewable Energy Storage Project — and the first of its kind. It seamlessly combines 4,000 MW of solar, 1,000 MW of wind, and 1,680 MW of pumped hydro storage into a unified, cloud-based clean energy platform.
Greenko, Pinnapuram Project: A Game-Changing Leap for Dispatchable Renewable Power : Minister Joshi
The Pinnapuram project represents a bold new chapter for renewable energy — not just in India, but globally. With 10,080 MWh of daily storage capacity, it delivers dispatchable, carbon-free power that supports industries like green steel, green aluminum, and green hydrogen production — all critical pillars of the future net-zero economy.
Taking an aerial tour and inspecting the site firsthand, Minister Joshi remarked,
“Witnessing an Integrated Renewable Energy Storage Project at Pinnapuram in action — the world’s first and largest of its kind, right here in our country — is a matter of pride and a shining example of India’s green energy potential under the visionary leadership of Prime Minister Narendra Modi.”
He also praised the Andhra Pradesh government under Chief Minister N. Chandrababu Naidu for its forward-looking policies that made this pioneering effort a reality.
Mr. Anil Chalamalasetty, Group CEO & MD of Greenko, hosted the visit and explained how the mega project is designed to fuel industrial decarbonization while driving regional economic growth and job creation.
“This is more than a renewable project,” said Mr. Anil. “It’s a resilient, on-demand energy backbone that will power hard-to-abate sectors, attract industrial investment, and reduce 3.3 million tonnes of CO₂ emissions annually.”
He also highlighted Greenko’s Intelligent RE Cloud Platform, which integrates generation, storage, and supply in real time — fully aligned with India’s One Nation, One Grid policy. This digital foundation is enabling the production of the world’s lowest-cost green molecules, helping position India as a global clean energy hub.
Greenko is one of the world’s leading energy transition and decarbonization solutions companies, with an operational capacity of nearly 12 GW across wind, solar, hydro, and pumped storage. An additional 20 GW is under construction, spanning over 15 states in India. By 2030, Greenko aims to expand its portfolio to 50 GW.
Greenko is now building a digitally enabled cloud energy platform to help integrate renewables as mainstream energy sources in the grid. The group is committed to transforming renewable energy from intermittent and inflexible to firm, dispatchable, and on-demand — enabled through digitization and long-duration storage solutions — to support the economy-wide shift toward a carbon-neutral energy mix.
Over the past 10 years, Greenko’s founders have raised and deployed over USD 10 billion, including over USD 3 billion in equity and more than USD 5 billion via global green bonds. The company is majority-owned by two of the world’s largest sovereign wealth funds — the Government Investment Corporation (GIC) of Singapore and the Abu Dhabi Investment Authority (ADIA) — along with the founders, Anil Chalamalasetty and Mahesh Kolli.
As the global race to decarbonize intensifies, India’s Pinnapuram project stands out not only for its ambition but for the speed at which it’s taking shape — a true signal to investors, innovators, and energy startups that India means business when it comes to clean energy at scale.
