The projects are expected to contribute to the India government’s goal to have 100GW of installed solar capacity by 2022.
The company plans to develop a 4000MW coal-fired thermal plant at Puttaparthi located in Anantapur district.
Commenting on the new projects at the Confederation of Indian Industry’s annual partnership summit, Power Minister Piyush Goyal said: "The progress of Andhra Pradesh is evident from the fact that this newly formed state could overcome a huge power crisis and become a power surplus state today."
The government plans to float tenders for in the next few months for at least three ultra mega power projects, as part of the 4GW project.
The development plan follows the launch of the International Solar Alliance (ISA) initiative by France and India at the at the UN climate change summit in Paris to boost solar energy in developing countries.
In November, NTPC had also selected SunEdison for developing 10 solar farms totaling 500MW of capacity in Andhra Pradesh.