The Adani Group will undertake one of the largest private-sector investment programmes in Northeast India, committing nearly ₹63,000 crore to two major energy projects in Assam.
Two of the conglomerate’s portfolio companies, Adani Power Ltd (APL) and Adani Green Energy Ltd (AGEL), have received Letters of Award from the state government. The awards pertain to a greenfield thermal power facility and an ambitious pumped storage initiative.
Adani Power will invest approximately ₹48,000 crore to establish a 3,200 MW ultra-supercritical thermal power plant. The project will be developed under the Design, Build, Finance, Own and Operate model.
The project secured its coal linkage under the Government of India’s SHAKTI policy. It also achieved the lowest tariff bid of ₹6.30 per kWh.
The plant will generate between 20,000 and 25,000 jobs during construction, and it will employ approximately 3,500 people in long-term operations.
The project will begin phased commissioning from December 2030, significantly strengthening Assam’s power availability for industrial and residential use.
The firm already operates 18.15 GW of generation capacity nationwide and plans to scale to around 42 GW by 2031–32.
Renewable Storage Capacity Set for a Major Lift
AGEL will invest roughly ₹15,000 crore to develop two pumped storage plants with a combined capacity of 2,700 MW. The company will supply 500 MW of storage from these facilities after securing an LoA.
The pumped storage systems aim to enhance grid stability, support peak energy demand and accelerate Assam’s renewable energy transition. AGEL currently operates 16.7 GW of renewable capacity and is targeting 50 GW by 2030.
Adani Group Chairman Gautam Adani reiterated the company’s long-term dedication to the Northeast, noting that these initiatives represent the largest single private investment in the region. He emphasised that the projects will drive employment, strengthen energy security and contribute to the wider economic development of Assam and neighbouring states.
The project will create around 30,000 jobs during its implementation. The investments will transform the state’s energy landscape while supporting India’s broader clean energy ambitions.
Also Read: Adani Group Unveils Major Investment Plans For Andhra Pradesh
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