New Delhi: The Adani Group will invest ₹63,000 crore in Assam to develop two major power projects, including the Northeast’s largest private coal-based power plant and new pumped-storage facilities.
In a statement, the conglomerate led by billionaire Gautam Adani said its energy companies have received Letters of Award (LoA) from the Assam government for these projects.
Under the plan, Adani Power Ltd will invest around ₹48,000 crore to set up a 3,200 MW greenfield ultra-super-critical thermal power plant under the DBFOO (Design, Build, Finance, Own and Operate) model.
The company secured the project with a tariff bid of ₹6.30 per kWh and has obtained coal linkage under the Centre’s SHAKTI policy.
The plant, slated for phased commissioning from December 2030, is expected to create 20,000–25,000 jobs during construction and about 3,500 jobs when operational.
Meanwhile, Adani Green Energy Ltd, the group’s renewable arm, will invest ₹15,000 crore in two Pumped Storage Projects (PSPs) with a combined capacity of 2,700 MW. The company has also received an LoA for 500 MW of storage capacity, which will be served through these PSPs.
Overall, the group expects the projects to generate around 30,000 jobs during the implementation phase. It described the investment as the largest private-sector commitment in the Northeast, aligning with Chairman Gautam Adani’s previous pledge to invest ₹50,000 crore in the region.
The group said the projects will strengthen Assam’s energy security, industrial growth and grid resilience. The thermal power project has already received approvals from the Assam Electricity Regulatory Commission, and a power supply agreement with APDCL is expected soon.
“Our 3,200 MW thermal power project and 2,700 MW PSP projects in Assam represent the largest private-sector investment in the region and key steps toward energy security, industrial development, and job creation,” said Gautam Adani.
The company highlighted that the thermal plant will use modern technology to minimise emissions and enhance efficiency, while the pumped-storage facilities will improve grid stability, peak-demand management, and renewable energy integration.
Adani Power currently operates 18.15 GW across 12 thermal plants and one solar unit, and aims to scale its capacity to 42 GW by 2031–32.
