Adani Group is set to invest approximately ₹63,000 Cr in Assam to develop two transformative energy projects. Adani Power will invest around ₹48,000 Cr in a 3,200 MW thermal power plant, while Adani Green Energy plans to invest about ₹15,000 Cr in two pumped storage projects (PSP) with a total capacity of 2,700 MW. The projects will generate employment for approximately 30,000 people.
Significant Investments in Assam
Adani Power Ltd (APL) and Adani Green Energy (AGEL) are planning to invest approximately ₹63,000 crore in Assam for the development of a thermal power plant and pumped storage facilities. These projects are designed to transform the region’s energy infrastructure.
Thermal Power Plant Details
Adani Power will invest around ₹48,000 crore to establish a 3,200 MW greenfield ultra super critical power plant in Assam. The project will operate under the Design, Build, Finance, Own and Operate (DBFOO) model. The coal linkage has already been allocated under the SHAKTI Policy. Commissioning will be done in phases starting December 2030.
Pumped Storage Projects
Adani Green Energy intends to invest around ₹15,000 crore to set up two Pumped Storage Plants (PSP) in Assam with a combined capacity of 2,700 MW. AGEL has received a Letter of Award (LoA) for 500 MW of energy storage capacity. This move is aimed at providing grid stability and managing peak electricity demand.
Employment and Economic Impact
The investment in Assam is expected to create direct and indirect employment for around 20,000 to 25,000 people during the construction phase and sustain about 3,500 jobs during the operations phase. The projects are expected to enhance Assam’s energy infrastructure, supporting growing industrial and household needs.
Adani’s Commitment to the Northeast
These initiatives underscore the Adani Group’s focus on the advancement of India’s northeastern region, aligning with Chairman Gautam Adani’s pledge to invest ₹50,000 crore in the region’s development and growth.
Source: BSE