Follow India Renewable Energy News on WhatsApp for exclusive updates on clean energy news and insights

Hindustan Power to Invest Rs620 Crore in Assam’s Solar and Battery Storage Projects

Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs620 crore in solar and battery energy storage projects, reinforcing its commitment to sustainable energy solutions. The agreement was formalized at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati.

The company plans to develop a 100 MW solar power plant with an investment of Rs500 crore and a 100 MW battery energy storage system (BESS) with an investment of Rs120 crore. This initiative aligns with Hindustan Power’s broader goal of achieving a 5 GW energy portfolio within the next three years. The collaboration is expected to significantly enhance Assam’s energy infrastructure while generating over 5,000 man-days of employment, thereby contributing to economic growth and local job creation. Ratul Puri, Chairman of Hindustan Power, emphasized the company’s deep-rooted commitment to Assam’s renewable energy sector.

He highlighted that Hindustan Power was the first company to develop a large-scale solar plant in Assam in 2016 and is now poised to accelerate the state's transition to clean energy. The MoU was signed in the presence of Assam’s Chief Minister, Dr. Himanta Biswa Sarma, and other key government officials, underscoring the state’s ambition to attract investment in the renewable sector.

This investment marks a significant step forward in Assam’s renewable energy expansion, positioning the state as a major player in India's clean energy transition.