HomeBusiness ›Adani to Invest INR 63,000 Crore in Assam for Thermal Power Plant and Pumped Storage Plants

Adani to Invest INR 63,000 Crore in Assam for Thermal Power Plant and Pumped Storage Plants

Adani Group will invest about INR 63,000 crore in Assam for energy projects. While Adani Power will invest INR 48,000 crore for a 3,200 MW greenfield thermal power plant, Adani Green Energy will invest INR 15,000 crore for two pumped storage projects totalling 2,700 MW.

November 14, 2025. By Mrinmoy Dey

Adani Group has announced that it will invest about INR 63,000 crore in Assam for developing 2,700 MW pumped storage plants (PSP) and a 3,200 MW greenfield thermal power plant.

While Adani power will invest INR 48,000 crore in the thermal plant, Adani Green Energy (AGEL) intends to invest INR 15,000 crore to set up two PSPs with a cumulative capacity of 2,700 MW. AGEL has received an LoA for 500 MW of energy storage capacity, which will be catered from these PSPs, the company said in a statement.

Commenting on the development, Gautam Adani, Chairman of the Adani Group, said, “The North-East is emerging as a vital frontier in India's growth story and we are proud to contribute to its transformation. Our 3,200 MW thermal power project and 2,700 MW PSP projects in Assam collectively represent not only the largest private sector investment in the region but also firm steps toward energy security, industrial development and job creation. These projects will not only energise Assam but also catalyse progress across the entire northeastern corridor.”

Adani Power emerged as the successful bidder, offering the lowest tariff of INR 6.30/kWh for the thermal power project. The company will set up an Ultra Super Critical plant under the Design, Build, Finance, Own and Operate (DBFOO) model and will be commissioned in a phased manner from December 2030. The coal linkage for the power plant has been allocated under the SHAKTI Policy of the Government of India.

AGEL too 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, the company stated.
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