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

Hindustan Power has announced a significant investment of Rs. 620 crore in renewable energy and battery storage projects in Assam, marking a pivotal moment in the state’s clean energy infrastructure. The announcement was made during the ‘Advantage Assam 2.0’ investment summit, which aims to spur economic growth and investment in the state.

As part of this project, Hindustan Power will establish a 100 MW solar power plant with an investment of Rs. 500 crore. Additionally, the company will set up a state-of-the-art 100 MW battery energy storage system, costing another Rs. 120 crore. These projects are designed to increase Assam’s renewable energy capacity and enhance its energy storage capabilities.

Beyond contributing to sustainable development, the investment is expected to create more than 5,000 man-days of jobs, providing a significant boost to the state’s economy.

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 commitment to assisting Assam in achieving its ambitious renewable energy goals and unlocking the state’s potential in this emerging industry.

This partnership underscores Assam’s growing emphasis on clean energy solutions and its determination to lead India’s transition towards renewable energy.

May be an image of text that says "SRK SRKNATION NATION Hindustan Power Invests Rs. 620 Crore in Renewable Energy Projects in Assam www.srknation.in"

Leave a Reply

Your email address will not be published. Required fields are marked *