Hindustan Power, Tata & Adani Commit Investments In Assam’s Power Sector

Marking a major step in Assam’s renewable energy sector, companies like Adani Group, Tata Power, and Oriana Power have announced investments in the state for the coming year.

For instance, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in battery energy storage projects. The MoU was signed at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati.

Aligned with Hindustan Power’s ambitious vision of achieving a 5 GW energy portfolio over the next three years, this investment will drive the development of a 100 MW solar power plant alongside a 100 MW battery energy storage system. The company will invest ₹500 crore in the solar plant and ₹120 crore in the battery storage facility, marking a transformative step in Assam’s renewable energy journey.

Tata Power, Assam Govt Sign MoU For 5 GW Renewable Energy Investment

Tata Power has signed a Memorandum of Understanding (MoU) at Advantage Assam 2.0 to further its commitment to renewable energy and sustainable development in the state.

Under the agreement, Tata Power will collaborate with the Assam government to develop up to 5,000 MW of renewable and clean energy projects, including solar, wind, hydro, and energy storage. The company plans to invest ₹30,000 crore over the next five years. The MoU was signed by Krishna Kumar Dwivedi, Principal Secretary of Power, Government of Assam, and Praveer Sinha, CEO & MD, Tata Power, in the presence of Assam Chief Minister Himanta Biswa Sarma and other senior government officials.

Assam aims to achieve 500 MW of solar capacity by 2027. This collaboration aligns with Tata Power’s vision of accelerating Assam’s clean energy transition and supporting the state’s renewable energy goals.

Oriana Power Inks Pact with Assam Govt

Oriana Power signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Department, Government of Assam, during the Guwahati Investment and Infrastructure Summit 2025.

This MoU aims to develop solar and battery energy storage system (BESS) projects in the Kamrup district with an investment of ₹500 crore. Oriana Power specializes in solar energy solutions for industrial and commercial customers, offering on-site solar projects like rooftop and ground-mounted systems, as well as off-site solar farms. On a full-year basis, the company’s net profit surged 414.7% to ₹54.35 crore, with net sales rising 184.2% to ₹382.87 crore in FY24 over FY23.

Adani to Invest ₹50,000 Crore in Assam

Addressing the summit, Adani Group Chairperson Gautam Adani announced that his conglomerate would invest ₹50,000 crore in Assam across multiple sectors, including airports, aero-cities, city gas distribution, transmission, cement, and road projects. “It is with great pride that I announce today the Adani Group’s commitment to investing ₹50,000 crore in Assam,” Adani stated.

Reflecting on the role of investor summits in shaping India’s economic landscape, Adani noted that over the past two decades, such events have become catalysts for transformative change, attracting billions of dollars in investments and reinforcing India’s vision of a ‘Viksit Bharat’ (Developed India).

This announcement follows Adani’s recent pledge to invest ₹1.1 trillion in Madhya Pradesh during the Madhya Pradesh Global Investors Summit in Bhopal. The investment, expected to generate over 100,000 jobs, will focus on multiple sectors, including a greenfield smart city, an airport project, and a coal gasification initiative. Discussions for further investments in the state are ongoing.