Adani group announces major investment plan for power projects in Assam

Adani group announces major investment plan for power projects in Assam

Guwahati:  The Adani Group has announced a large investment plan worth about 7.17 billion dollars to develop new power projects in Assam. The plan was revealed at the Advantage Assam summit and is aimed at strengthening the state’s long term energy needs.

According to the announcement, the group will build a major coal based power plant with an investment of around 5.46 billion dollars. The project will have a capacity of 3200 megawatts and will be developed by Adani Power. The plant is expected to start operations in stages from December 2030.

Adani Green Energy, the renewable energy arm of the group, will also invest about 1.71 billion dollars in clean energy projects in the state. This includes solar projects, pumped storage and a battery energy storage system. The total planned clean energy capacity is around 2700 megawatts.

The commitment marks one of the biggest private sector investments in Assam and also signals a return of large coal investments in India after several quiet years. The group has said the mix of thermal and renewable projects will help support Assam’s rising power demand and improve the reliability of supply.

Earlier this year, the group had also expressed wider interest in expanding investments in the northeast region across different sectors, showing a growing focus on development in this part of the country.

The Assam government has welcomed the announcement, saying the projects will create jobs and support industrial growth. Formal approvals and land related processes are expected to begin soon.


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