Adani Group to Invest Rs. 63,000 Cr. in Assam
Adani Group will be investing close to a total of Rs. 63,000 crore in Assam. This involves setting up a thermal power plant, and developing two Pumped Hydro Storage Projects (PSPs).
Adani Power’s 3,200 MW Greenfield TPP in Assam
Out of the aforementioned investment, about Rs. 48,000 crore will go towards setting up a 3,200 MW greenfield thermal power plant in Assam. This plant, which will be commissioned in a phased fashion from December 2030, will be fully commissioned by December 2032. Four coal-based ultra-supercritical thermal power units, each of 800 MW generation capacity will be developed by Adani Power, and the generated power will be procured by Assam Power Distribution Company Ltd. (APDCL) at a tariff of Rs. 6.30 per unit.
This project will be developed on a Design-Build-Finance-Own-Operate (DBFOO) model. As of now, Adani Power has obtained requisite approvals from Assam Electricity Regulatory Commission for this project. As per Adani Power, Power Supply Agreement (PSA) with APDCL is expected to be executed ‘in due course’.
Other players bested by Adani Power in the bidding process include JSW Energy, Lalitpur Power Generation Company, MB Power (Madhya Pradesh), and Torrent Power.
Moreover, the only coal-based thermal power station in Assam as of now is NTPC’s Bongaigaon Thermal Power Station (BTPS). As per APDCL, it procures power from BTPS at a rate of Rs. 5.85, but after adjusting CTU charges and CTU losses, each unit from BTPS effectively costs APDCL about Rs. 6.64.
Adani Develop 2 PSPs with Rs. 15,000 Cr. in Assam
Adani Green Energy Ltd. (AGEL) will be developing two Pumped Storage Projects (PSPs) in Assam with a combined capacity of 2,700 MW. About Rs. 15,000 crore will be invested towards the development of these projects.
APDCL will be procuring 500 MW of power from these Pumped Storage Projects (PSPs), and a LoA to this effect has been awarded by APDCL to Adani Saur Urja (KA) Ltd., a 100% subsidiary of AGEL. APDCL will pay an annual fixed tariff of Rs. 1.03 crore per MW of power procured for a period of 40 years from these PSPs.
“Largest Private Sector Investment in the Region” – Gautam Adani
Mr. Gautam Adani, Chairman of the Adani Group, highlighted that the this Rs. 63,000 crore investment is the largest investment by any private sector company in Assam. “These projects will not only energize Assam but also catalyse progress across the entire northeastern corridor”, he added.
It was in February 2025 that Mr. Adani had announced an investment to the tune of Rs. 50,000 crore in Assam during the inaugural session of the Advantage Assam summit. Adani Group’s release dated 14th November 2025 mentioned that the aforementioned investment aligns with Mr. Adani’s announcement made in February 2025.
Massive Employment Opportunities in the State
As per Adani Group, Adani Power’s upcoming TPP in Assam will generate about 20,000 to 25,000 employment opportunities in its construction phase. Upon commissioning, this greenfield plant is expected to create about 3,500 jobs in its operation phase.
Further, taken together, the upcoming thermal power plant and the two PSPs in Assam are anticipated to generate a total of 30,000 employments in the development phase. Therefore, it can be deduced that the development of aforementioned PSPs will entail the creation of 5,000 to 10,000 jobs.
About Adani Group: Ahmedabad-headquartered Adani Group was founded by Gautam Adani in 1988. It operates across various businesses, including transmission & distribution, renewable energy, and defence & aerospace.
