Adani to invest Rs. 63,000 cr in Assam energy projects

The Adani Group will invest Rs 63,000 crore in two large-scale energy projects in Assam, marking one of the biggest private-sector commitments in the history of India’s northeastern region. The announcement came Friday after Adani Power Ltd and Adani Green Energy Ltd (AGEL) received Letters of Award from Assam government.
Adani Power, India’s largest private power producer, will invest Rs 48,000 crore to build a 3,200 MW greenfield ultra-supercritical thermal power plant in Assam. AGEL, India’s top renewable energy company, plans to invest another Rs 15,000 crore to develop two pumped storage plants (PSPs) with a combined capacity of 2,700 MW. AGEL also secured an award for 500 MW of energy storage capacity, which will be provided through these PSP projects.
Gautam Adani, chairman of the Adani Group, said the initiatives signal the region’s growing importance in India’s economic and energy landscape. “The North-East is emerging as a vital frontier in India’s growth story, and we are proud to contribute to its transformation,” he said.
“These projects represent the largest private-sector investment in the region and reaffirm our commitment to energy security, industrial development, and job creation.”
The investments build on Adani’s earlier pledge to deploy Rs 50,000 crore in the North East, accelerating development across the region. “These projects will not only energize Assam but also catalyze progress across the entire northeastern corridor,” he added.
Adani Power won the project with a tariff bid of Rs 6.30 per kWh in a competitive process. The thermal plant will be developed under a Design, Build, Finance, Own and Operate (DBFOO) model, with coal linkage secured under the Government of India’s SHAKTI policy.