Adani Power and Adani Green Energy have secured Letters of Award from the Assam government for two major projects. These initiatives represent a massive investment of Rs 63,000 crore in the state. The announcement marks a significant step forward for the region’s development.
Adani Power will invest Rs 48,000 crore in a 3,200 MW greenfield ultra supercritical power plant. This facility will be India’s largest private sector power generation project in the region. The thermal plant will use advanced ultra supercritical technology for efficient energy production.
Simultaneously, Adani Green Energy plans to invest Rs 15,000 crore in two Pumped Storage Plants. These facilities will have a combined capacity of 2,700 MW. The PSP projects will provide crucial energy storage solutions for Assam.
Adani Green Energy has received approval for 500 MW of energy storage capacity. This capacity will be sourced from the planned pumped storage facilities. The company’s statement highlights this as a key component of Assam’s energy infrastructure.
The combined investment represents the largest private sector commitment in Northeast India. Both projects will significantly enhance the region’s energy security. They align with national priorities for infrastructure development.
Gautam Adani emphasized the strategic importance of these investments. He stated the North-East is emerging as a vital frontier in India’s growth story. The chairman highlighted how these projects support regional transformation.
These initiatives demonstrate the Adani Group’s continued focus on Northeast development. The commitment follows Gautam Adani’s February pledge to invest Rs 50,000 crore in the region. The current projects exceed that initial investment promise.
The thermal power project will be developed under the DBFOO model. Adani Power secured the contract by offering the lowest tariff of Rs 6.30 per kWh. Coal linkage has been allocated under the government’s SHAKTI Policy.
Employment generation represents another significant benefit. The construction phase will create 20,000 to 25,000 direct and indirect jobs. During operations, approximately 3,500 sustained positions will be maintained.
The phased commissioning is scheduled to begin from December 2030. This timeline allows for systematic development and implementation. It ensures proper integration with existing infrastructure.
Adani Green Energy’s pumped storage plants will introduce cutting-edge energy solutions. These facilities will enhance grid stability and manage peak electricity demand. They represent innovative approaches to energy storage.
The projects will support Assam’s transition toward renewable energy integration. They will ensure a sustainable and resilient electricity supply. This aligns with broader environmental goals.
Gautam Adani expressed honor in contributing to Assam’s progress. He emphasized building partnerships that uplift local communities. The chairman noted these projects will catalyze progress across the northeastern corridor.
The investment demonstrates confidence in Assam’s economic potential. It represents a major private sector commitment to regional development. These projects will have far-reaching impacts beyond energy production.