Adani Power and Adani Green Energy, two prominent portfolio companies of the Adani Group, have been awarded Letters of Award (LoA) by the Assam Government for the development of a cutting-edge thermal power plant and two Pumped Storage Plants (PSPs). The projects are set to attract a total investment of approximately ₹63,000 crore to the state of Assam.
Adani Power plans to invest approximately ₹48,000 crore to develop a 3,200 MW greenfield ultra-supercritical power plant in Assam. Meanwhile, Adani Green Energy Limited (AGEL) is set to invest an additional ₹15,000 crore to establish two pumped storage plants (PSPs) in the state, with a combined capacity of 2,700 MW. AGEL has also secured a Letter of Award (LoA) for 500 MW of energy storage capacity, which will be supported by the output from these PSPs.
The Northeast is emerging as a key driver of India’s growth, and we are proud to play a role in its transformation. 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 initiatives are significant steps toward enhancing energy security, fostering industrial development, and generating employment opportunities. Beyond powering Assam, these projects are set to accelerate progress across the entire northeastern corridor.
We are honoured to contribute to the development of Assam and the broader Northeast and remain committed to building partnerships that uplift local communities while advancing India’s energy transition,” said Gautam Adani, Chairman of the Adani Group, in an official statement.
