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Adani to Invest ₹63,000 Crore in Assam Power Projects, Create 30,000 Jobs

Key Takeaways

  • Adani Group to invest ₹63,000 crore in Assam’s power sector
  • 3,200 MW thermal plant and 2,700 MW pumped storage projects planned
  • Expected to generate approximately 30,000 jobs during construction
  • Phased commissioning starting December 2030

The Adani Group has announced a massive ₹63,000 crore investment in Assam’s power infrastructure, marking the largest private-sector investment in Northeast India. The conglomerate’s energy companies have received formal Letters of Award from the Assam government for two major projects that will significantly boost the state’s energy security.

Thermal Power Project Details

Adani Power Ltd will invest approximately ₹48,000 crore to establish a 3,200 MW greenfield ultra-super-critical thermal power plant. The project will operate under the Design, Build, Finance, Own and Operate (DBFOO) model with a winning tariff bid of ₹6.30 per kWh.

The company has secured coal linkage through the central government’s SHAKTI policy. Commissioning will begin in phases from December 2030, creating 20,000-25,000 construction jobs and approximately 3,500 operational positions.

Renewable Energy Initiative

Adani Green Energy Ltd will invest around ₹15,000 crore in two Pumped Storage Projects (PSPs) with a combined capacity of 2,700 MW. The company has also received approval for 500 MW of storage capacity to be managed through these facilities.

The PSPs will provide advanced energy storage solutions, enhance grid stability, and manage peak electricity demand while supporting renewable energy integration.

Regulatory Approvals and Implementation

The thermal project has already received necessary approvals from the Assam Electricity Regulatory Commission. A Power Supply Agreement with Assam Power Distribution Company Ltd (APDCL) is expected to be finalized soon.

Adani Power, currently operating 18.15 GW capacity across 12 thermal plants and one solar facility, aims to reach 42 GW generation capacity by 2031-32 through India’s largest private sector capital expenditure program.

Strategic Importance

Gautam Adani, Chairman of the Adani Group, emphasized the regional significance: “The North-East is emerging as a vital frontier in India’s growth story, and we are proud to contribute to its transformation. These projects represent firm steps toward energy security, industrial development and job creation.”

The chairman added that the investments will not only energize Assam but also catalyze progress across the entire northeastern corridor, supporting both industrial growth and household electricity needs with reliable, efficient power.

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