The genesis of New & Renewable Energy Development Corporation of Andhra Pradesh Ltd., [NREDCAP] took place in the year 1986 with the help of Government of Andhra Pradesh. The sole objectives of NREDCAP are to:
- Generate electricity through renewable sources like wind and solar on decentralized manner
- Conserve energy in rural areas
- Import & adopt viable technology & machinery in the areas of Non-Conventional Energy Sources & ensures post installation service
- Impart training and to promote research and development in the field of Non-conventional energy sources