Hindustan Power Invests Rs. 620 Crore In Renewable Energy Projects In Assam

GUWAHATI: Hindustan Power has made a major investment of Rs. 620 crore in renewable energy and battery storage projects in Assam, which is a turning point in the state's clean energy infrastructure. The announcement was made during the 'Advantage Assam 2.0' investment summit, which was designed to spur economic growth and investment in the state.

In this project, Hindustan Power will set up a 100 MW solar power plant and will invest Rs. 500 crore in it, along with a state-of-the-art 100 MW battery energy storage system that will cost another Rs. 120 crore. Both these projects aim at increasing Assam's renewable energy capacity and enhancing its energy storage capacity.

Apart from contributing to sustainable development, the investment is expected to create more than 5,000 man-days of jobs, giving a boost to the economy of the state.

Ratul Puri, Chairman of Hindustan Power, expressed pride in the company’s role in advancing solar power development in Assam, noting their first project in the state in 2016. He reaffirmed the company's pledge to assist Assam in achieving its ambitious renewable energy goals and to unlock the state's potential in this emerging industry.

This partnership underlines Assam's increasing emphasis on clean energy solutions and determination to lead India's transition towards renewable energy.

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