Tata Power to develop 5000 MW of renewable and clean energy projects in Assam

Tata Power signed a Memorandum of Understanding (MoU) with the Assam Government to tie up and support upto 5000 MW of renewable and clean energy projects comprising Solar, Wind, Hydro and Energy Storage in the state with INR 30000 crores investment over the next 5 years.

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Tata Power has inked a Memorandum of Understanding (MoU) with the Assam Government at Advantage Assam 2.0 to tie up and support upto 5000 MW of renewable and clean energy projects comprising Solar, Wind, Hydro and Energy Storage in the state with INR 30000 crores investment over the next 5 years. The MoU was signed by Krishna Kumar Dwivedi, Principal Secretary Power, Government of Assam, and Praveer Sinha, CEO & MD, Tata Power in the august presence of Chief Minister of Assam, Himanta Biswa Sarma and other senior officials of Assam Government.

As part of this collaboration, the Assam Government will facilitate the identification and allocation of approximately 20000 acres of encumbrance-free government land on a lease basis and assist in acquiring private land suitable for solar, wind, hydro, and energy storage projects. Additionally, the state will support infrastructure development to ensure seamless transmission connectivity and promote the establishment of Renewable Energy Parks through state agencies.