Hindustan Power has announced a significant investment of Rs 620 crore in Assam’s renewable energy sector, focusing on new-age power and battery energy storage projects. The company signed MoU with the Government of Assam during the recent ‘Advantage Assam 2.0’ business summit.
As part of the investment, Hindustan Power will develop a 100-MW solar power plant with an allocation of Rs 500 crore and a 100-MW battery energy storage system with an investment of Rs 120 crore. These initiatives aim to enhance Assam’s energy infrastructure, boost renewable energy generation, and support the state’s sustainability goals.
The projects will be implemented in collaboration with the Assam government and are expected to create over 5,000 man-days of employment, thereby fostering economic growth and job opportunities in the region.
‘We are proud that Hindustan Power was the first company to develop a large solar power plant in Assam in 2016, and we remain committed to driving the state’s journey of growth in the new era of renewable energy. Assam’s dynamic landscape presents incredible opportunities, and we are excited to deepen our commitment to the state, harnessing its vast potential and contributing to its ambitious renewable energy goals,’ said Ratul Puri, Chairman of Hindustan Power.
