Brookfield-backed Evren to invest $5 billion in Andhra Pradesh
New Indian ExpressVIJAYAWADA: Evren, a clean energy platform promoted by Brookfield and Axis Energy, has committed to invest $5 billion in Andhra Pradesh. Representatives of Brookfield and Axis met Chief Minister N Chandrababu Naidu and energy minister Gottipati Ravi Kumar on Tuesday, following which the announcement to invest in the state was made. It plans to invest beyond renewables and is exploring additional opportunities in the state, across integrated module manufacturing, pumped storage, battery storage, E-mobility/EV and green ammonia space. Speaking on the occasion, Energy Minister Ravi Kumar maintained that the state government is implementing investor-friendly policies to promote transparency and ease of doing business for investors and the public.