In a landmark development for India's northeastern region, the Adani Group has secured approval for two massive energy projects in Assam representing a combined investment of approximately Rs 63,000 crore. The Assam government has issued Letters of Award to two Adani Group companies for establishing a 3,200 MW thermal power plant and two pumped-storage facilities with 2,700 MW combined capacity.
Massive Thermal Power Plant Investment
Adani Power Ltd (APL), recognized as India's largest private-sector power generator, will lead the charge with an investment of about Rs 48,000 crore to establish a greenfield ultra-supercritical coal-fired thermal power plant. This 3,200 MW facility will be developed under the DBFOO (design, build, finance, own, and operate) model and has been awarded at a tariff of Rs 6.30 per unit.
The project has secured coal linkage through the central government's SHAKTI policy and is scheduled to begin phased commissioning from December 2030. The company emphasized that this facility will set new benchmarks in environmental stewardship through advanced technology that reduces emissions and enhances efficiency.
Renewable Energy Storage Projects
Simultaneously, Adani Green Energy Ltd (AGEL), India's largest renewable energy company, will invest Rs 15,000 crore in two pumped-storage projects with a combined capacity of 2,700 MW. These facilities will play a crucial role in stabilizing the grid and storing renewable energy, addressing the intermittent nature of clean power sources.
The company has received the necessary approvals from the Assam Electricity Regulatory Commission, and the Power Supply Agreement (PSA) with APDCL is expected to be executed in due course. This comprehensive approach demonstrates Adani Group's commitment to both conventional and renewable energy solutions.
Employment Generation and Regional Impact
The combined projects are expected to generate substantial employment opportunities throughout their lifecycle. During the construction phase, the initiatives are projected to create direct and indirect employment for approximately 20,000 to 25,000 people. Once operational, the facilities will sustain around 3,500 permanent jobs, providing a significant boost to the local economy.
Adani Group chairman Gautam Adani expressed enthusiasm about the northeast's potential, stating, "The northeast is emerging as a vital frontier in India's growth story, and we are proud to contribute to its transformation." He emphasized that these investments would "energize Assam and catalyze progress across the entire northeastern corridor."
This massive investment aligns with the group chairman's pledge made in February this year to invest Rs 50,000 crore in the region's development and growth. The current commitment substantially exceeds that initial promise, signaling strong confidence in Assam's economic potential and the northeastern region's strategic importance in India's energy security framework.
