# Nara Lokesh says AP regains investor confidence as Tata Power project starts 2026-08-10T06:39:46+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Andhra Pradesh minister Nara Lokesh laid the foundation stone for Tata Power Renewable Energy's 800 MW hybrid renewable project near Kurnool on Thursday. The Rs 5,350 crore project, spread across Kurnool and Anantapur districts, combines a 400 MW solar plant and a 400 MW wind farm. Lokesh said it will create around 4,000 construction jobs and provide stable lease income to over 1,100 farming families for nearly three decades. Lokesh claimed the state's renewable energy capacity has risen nearly 400 per cent in the past year, crediting the new government's policies after it took office in June 2024. He blamed the previous government for damaging investor confidence by cancelling power purchase agreements. The minister said the Integrated Clean Energy Policy-2024 targets 160 GW of clean energy capacity, positioning the state as a global exporter of green hydrogen and ammonia. ## Coverage - thehansindia.com Tags: Andhra Pradesh, investment, Nara Lokesh, renewable energy, Tata Power Canonical: https://indianopinion.org/nara-lokesh-says-ap-regains-investor-confidence-as-tata-power-project-starts/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/nara-lokesh-says-ap-regains-investor-confidence-as-tata-power-project-starts/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.