New Delhi, November 14: The Adani Group has announced plans to invest around ₹63,000 crore (US$7.17 billion) in eastern India’s Assam state marking the largest private investment in the region’s power sector in years, according to a Reuters report.
The investment will be split between a coal-fired power plant and pumped-storage hydroelectric schemes. Adani Power anticipates spending about ₹48,000 crore ($5.46 billion) to build a 3.2 gigawatt (GW) coal-based facility with commissioning slated in phases from December 2030. Reuters Meanwhile, pumped-storage projects totaling 2,700 MW will receive about ₹15,000 crore in funding, backed by the company’s green-energy arm, Adani Green Energy.
The move reflects an acceleration of private investment in India’s green-field coal and storage infrastructure after a decade of slow growth. Analysts say it underscores the region’s growing appeal and India’s strategy to balance energy security with ambitions for cleaner power.
Why It Matters
- Regional boost: Assam, traditionally under-invested in large-scale power projects, could gain industrial and job-creation impetus from such massive capital deployment.
- Energy mix impact: Although the project includes a major coal component, the accompanying pumped-storage capacity signals an integrated approach to renewable storage and transition.
- Strategic scale: With Adani already targeting 50 GW of renewables by 2030, this investment reinforces its credentials as a major player in India’s energy-infrastructure race.
Outlook & Risks
Despite the scale, execution will be critical: land and regulatory clearances, water-resource management, financing and coal-supply logistics remain key challenges ahead of the 2030 start date. The balance between environmental concerns and the need for power expansion will also be watched closely.
