Adani
Adani Group to pump Rs 63,000 crore into Assam energy projects
Mumbai/IBNS: Two key Adani Group companies have received Letters of Award (LoA) from the Assam government for mega energy projects worth a combined Rs 63,000 crore, marking one of the largest private investments in the region.
The initiatives — a greenfield ultra supercritical thermal power plant and two pumped storage projects — are set to significantly strengthen Assam’s power infrastructure and accelerate economic development.
Adani Power will lead the state’s biggest thermal power initiative with an investment of Rs 48,000 crore to build a 3,200 MW ultra supercritical power plant.
Meanwhile, Adani Green Energy will invest around Rs 15,000 crore to develop two pumped storage projects that together offer a generation capacity of 2,700 MW, bolstering Assam’s renewable-linked storage capabilities.
As part of the award, Adani Green Energy has been allotted 500 MW of energy storage capacity to be delivered through these pumped storage facilities.
Designed to stabilise the grid and store renewable power efficiently, the projects will help meet peak power demand and support Assam’s long-term energy security.
Gautam Adani, Chairman of the Adani Group, described the North-East as a pivotal centre of India’s growth ambitions.
“Our 3,200 MW thermal power project and 2,700 MW pumped storage projects in Assam represent the largest private sector investment in the region. These developments will strengthen energy security, drive industrial expansion and generate substantial employment,” he said.
The 3,200 MW thermal project will be executed under the Design, Build, Finance, Own and Operate (DBFOO) model.
Adani Power emerged as the winning bidder with a tariff of Rs 6.30 per kWh in a competitive process. The company has secured coal linkage under the government’s SHAKTI Policy to ensure fuel availability.
During the construction phase, the project is expected to create 20,000–25,000 direct and indirect jobs, with around 3,500 positions to be sustained once operations begin.
The plant will be commissioned in stages starting in December 2030 and is designed to cater to Assam’s rising energy demand with high-efficiency and lower-emission systems.
Adani Power has already secured approvals from the Assam Electricity Regulatory Commission.
A Power Supply Agreement with Assam Power Distribution Company is expected soon.
Currently, the company operates a generation capacity of 18.15 GW and aims to scale this to about 42 GW by 2031–32.
The pumped storage projects by Adani Green Energy will play a crucial role in balancing the power grid and enabling deeper penetration of renewable energy in Assam.
The company has also been declared the lowest bidder for the 500 MW energy storage tender, reinforcing its role in supporting the state’s shift toward cleaner and more reliable power.
With these major investments, the Adani Group is set to contribute substantially to Assam’s energy transformation, industrial growth, and long-term economic resilience.
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