In a significant move for Andhra Pradesh's clean energy growth, the Rural Electrification Corporation (REC) has approved Rs 7,500 crore in funding for Brookfield’s 1,040 MW hybrid renewable energy (RE) project in Kurnool district.

The Rs 9,910 crore project combines 640 MW of wind and 400 MW of solar power and is the largest REC sanction to a private sector initiative. Being developed by Evren, a joint venture between Brookfield and Axis Energy, the project is part of Brookfield’s 8,000 MW pipeline in the state. It marks a milestone for India’s renewable sector, combining state-level grid connectivity with a firm renewable power purchase agreement under the FDRE framework. This hybrid wind-solar project, with battery storage, will ensure reliable, continuous power supply.

IT Minister Nara Lokesh highlighted Andhra Pradesh’s growing role as India's renewable energy hub, partnering with global players like Brookfield to bolster the state’s energy security and create employment opportunities.