The Adani Group has announced an investment of Rs. 63,000 crore in Assam for two major energy projects: a thermal power plant and pumped storage facilities. Under the plan, Adani Power Ltd will invest around Rs. 48,000 crore in developing a 3,200 MW greenfield ultra-supercritical coal-fired power station in Assam.
The company won the contract by quoting a competitive tariff of Rs. 6.30 per kWh. The plant is to be designed on a DBFOO (Design, Build, Finance, Own, Operate) model, and a coal linkage has already been secured under India’s SHAKTI policy. Commissioning in phases will commence in December 2030.
In parallel, the company, AGEL, will invest approximately Rs. 15,000 crore in the development of two PSPs in the state, aggregating 2,700 MW of capacity. The firm has already obtained a LoA for 500 MW of energy storage capacity from the plants.
Adani claims that these projects will create significant employment opportunities, with an estimated 20,000–25,000 jobs during the construction phase and ongoing employment of approximately 3,500 once the thermal plant is operational.
Altogether, in both projects, Adani is expected to employ approximately 30,000 people during the construction phase.
Gautam Adani, the Chairman of the Adani Group, underlined that these investments are indicative of a long-term commitment to the Northeastern region, which he referred to as “a vital frontier in India’s growth story.”
He said the twin projects would contribute towards energy security, industrial development, and economic transformation in Assam and the larger northeastern corridor.
This investment in Assam aligns with previously made commitments: at the beginning of this year, Gautam Adani announced an investment ofRs. 50,000 crore towards development in the Northeast.
In all, with these projects, Adani Group is making its largest private-sector investment ever in the northeast, combining thermal and renewable‑storage capacity to improve Assam's power infrastructure and fuel its economic growth.