Key Takeaways
- Adani Group to invest ₹63,000 crore in Assam’s energy infrastructure
- 3,200 MW thermal power plant (₹48,000 crore) and 2,700 MW pumped storage (₹15,000 crore)
- Largest private sector investment in Northeast India
- Expected to create 20,000-25,000 construction jobs and 3,500 operational positions
The Adani Group will invest ₹63,000 crore in transformative energy projects in Assam through two of its portfolio companies. This represents the largest private sector investment in India’s northeastern region.
Project Details and Investment Breakdown
Adani Power Limited will develop a 3,200 MW ultra supercritical thermal power plant with an investment of ₹48,000 crore. Separately, Adani Green Energy will invest ₹15,000 crore to establish two pumped storage plants with a combined capacity of 2,700 MW.
The thermal power project will be commissioned in phases starting December 2030. Adani Power secured the project by offering the lowest tariff of ₹6.30 per kWh through a competitive bidding process.
“The North-East is emerging as a vital frontier in India’s growth story,” said Gautam Adani, Chairman of the Adani Group,” and we are proud to contribute to its transformation. Our 3,200 MW thermal power project and 2,700 MW PSP projects in Assam collectively represent not only the largest private sector investment in the region but also firm steps toward energy security, industrial development and job creation. These projects will not only energise Assam but also catalyse progress across the entire northeastern corridor. We are honoured to contribute to Assam and the entire northeast’s progress and look forward to building partnerships that uplift local communities and drive India’s energy transformation.”
Employment and Economic Impact
The projects are expected to generate substantial employment opportunities. During construction, approximately 20,000 to 25,000 direct and indirect jobs will be created. Once operational, the facilities will sustain around 3,500 permanent positions.
The investment aligns with Gautam Adani’s February pledge to invest ₹50,000 crore in the northeastern region’s development.
Technical Specifications and Approvals
Adani Power will establish the Ultra Super Critical plant under the Design, Build, Finance, Own and Operate (DBFOO) model. Coal linkage has been allocated under the Government of India’s SHAKTI Policy.
The company has already received necessary approvals from the Assam Electricity Regulatory Commission. The Power Supply Agreement with Assam Power Distribution Company Limited is expected to be finalized soon.
Adani Green Energy’s pumped storage projects will provide 500 MW of energy storage capacity, introducing advanced solutions for grid stability and peak demand management. These facilities will support Assam’s transition to renewable energy sources.
Adani Power currently operates 18.15 GW capacity across 12 thermal power plants and one solar facility. The company aims to achieve 42 GW generation capacity by 2031-32.
