Spanish firm to facilitate 2,500 MW renewable power in Andhra Pradesh

An investment of Rs 17,500 cr will be made

Spanish wind turbine-maker Gamesa will facilitate around Rs 17,500 crore investment in Andhra Pradesh in wind, solar and wind-solar hybrid power projects, said a top official of the company's Indian subsidiary.

"Gamesa will facilitate investors to set up wind, solar and wind-solar hybrid power projects in Andhra Pradesh. We will bring existing investors in the renewable energy space and also new investors," Ramesh Kymal, Chairman and Managing Director of the Indian subsidiary Gamesa Renewables told IANS on Friday.

Kymal said Gamesa will identify the land and take care of the other work.

"Around 2,500 MW renewal energy capacity comprising of wind, solar and wind-solar hybrid could be set up. We have signed a Memorandum of Understanding (MoU) to this effect with the Andhra Pradesh government," he added.