Adani Group to Invest Rs 63,000 crore in Two Transformative Energy Projects in Assam

Adani Group have received Letters of Award (LoA) from the Assam Government for two transformative projects in Assam: a state-of-the-art thermal power plant and a pioneering pumped storage facility, which would see them collectively invest Rs 63,000 crore in the state.

Adani Group to Invest Rs 63,000 crore in Two Transformative Energy Projects in Assam

Ahmedabad, 14 November 2025 – Two portfolio companies of Adani Group have received Letters of Award (LoA) from the Assam Government for two transformative projects in Assam: a state-of-the-art thermal power plant and a pioneering pumped storage facility, which would see them collectively invest Rs 63,000 crore in the state.

Adani Power Ltd. (APL) will invest Rs 48,000 crore to set up a 3,200 MW greenfield ultra-supercritical power plant in Assam. Separately, Adani Green Energy, India’s largest renewable energy company, intends to invest Rs 15,000 crore to set up two Pumped Storage Plants (PSP) in the state with a combined capacity of 2,700 MW.

AGEL has received an LoA for 500 MW of energy storage capacity, which will be catered from the above PSPs. These landmark initiatives underscore the Adani Group’s strategic focus on the advancement of India’s northeastern region, aligning with Chairman Gautam Adani’s pledge in February this year to invest Rs 50,000 crore in the region’s development and growth.

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Adani Power emerged as the successful bidder, offering the lowest tariff of Rs 6.30 per kWh, through a tightly contested bidding process. The company will set up an Ultra Super Critical plant under the Design, Build, Finance, Own, and Operate (DBFOO) model. The coal linkage for the power plant has been allocated under the SHAKTI Policy of the Government of India.

The project, which is expected to generate direct and indirect employment for around 20,000 to 25,000 people during the construction phase and sustain around 3,500 jobs during the operations phase, will be commissioned in a phased manner from December 2030.

The power project will enhance Assam’s energy infrastructure, supporting the state's growing industrial and household needs with reliable and efficient power. This facility is designed to set new benchmarks in environmental stewardship, leveraging modern technology to minimize emissions and maximize operational efficiency.

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APL has received the requisite approvals from the Assam Electricity Regulatory Commission, and the Power Supply Agreement (PSA) with APDCL is expected to be executed in due course. Adani Green Energy also emerged as the lowest bidder for 500 MW of energy storage capacity.

The project will introduce cutting-edge solutions for energy storage, grid stability, and managing electricity demand during peak times, thus ensuring a sustainable and resilient supply of electricity. It will play a crucial role in integrating renewable energy sources, supporting Assam’s journey toward a greener future.

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