Hindustan Power to Invest Rs 6.2 Billion in Assam鈥檚 Solar, Battery Storage

07 Mar 2025 CW Team

Ratul Puri鈥檚 Hindustan Power has signed an MoU with the Assam government to invest Rs 6.2 billion in solar and battery energy storage projects. The agreement was formalised at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati, reinforcing the company鈥檚 goal of building a 5 GW energy portfolio within three years.

The investment will fund a 100 MW solar power plant (Rs 5 billion) and a 100 MW battery storage system (Rs 1.2 billion). Developed in collaboration with the state government, these projects will enhance Assam鈥檚 energy infrastructure while generating over 5,000 man-days of employment.

Chairman Ratul Puri highlighted Hindustan Power鈥檚 commitment to Assam, recalling its role in setting up the state鈥檚 first large solar power plant in 2016. He praised Chief Minister Himanta Biswa Sarma鈥檚 leadership in making Assam a key investment destination.

Hindustan Power, known for pioneering India鈥檚 first 5 MW solar plant and Asia鈥檚 first 30 MW renewable project, has a global footprint spanning Germany, Italy, Japan, the UK, and the US. The company continues to drive innovation in renewable energy, reinforcing its leadership in the sector.

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