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Assam secures Rs 620 crore clean energy investment from Hindustan Power

As part of this investment, Hindustan Power will develop a 100 MW solar power plant at a cost of Rs. 500 crore and a state-of-the-art 100 MW battery energy storage system with an investment of Rs. 120 crore

Northeast NewsbyNortheast News
March 3, 2025
in Assam, Business
Representational image (pixabay)
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Guwahati: Hindustan Power has announced an investment of Rs. 620 crore in renewable energy and battery storage projects in Assam, marking a major step toward strengthening the state’s clean energy infrastructure.

The company signed a Memorandum of Understanding (MoU) with the Assam government during the ‘Advantage Assam 2.0’ business summit, a platform focused on fostering economic growth and investment opportunities in the region.

As part of this investment, Hindustan Power will develop a 100 MW solar power plant at a cost of Rs. 500 crore and a state-of-the-art 100 MW battery energy storage system with an investment of Rs. 120 crore.

These projects aim to boost Assam’s renewable energy capacity while enhancing its energy storage capabilities.

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In addition to driving sustainable development, the initiative is expected to generate over 5,000 man-days of employment, providing an economic boost to the state.

“We are proud to have pioneered large-scale solar power development in Assam with our first project in 2016,” said Ratul Puri, Chairman of Hindustan Power.

“Our commitment to Assam remains strong as we contribute to the state’s ambitious renewable energy goals and harness its vast potential in this dynamic landscape.”

The collaboration reflects Assam’s growing focus on sustainable energy solutions and its commitment to becoming a leader in India’s renewable energy transition.

Tags: Assam governmentHindustan PowerInvestmentMoUSolar energy
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