Adani Group lines up investments of over ₹1.63 lakh crore in Assam, Andhra Pradesh

The Adani Group has announced over Rs 1.63 lakh crore in major investments across Assam and Andhra Pradesh, marking one of its biggest multi-state expansion drives spanning power, infrastructure, data centres and advanced manufacturing.

- OUR CORRESPONDENT

In Assam, the conglomerate will invest about Rs 63,000 crore to develop the Northeast’s largest private-sector power assets. Adani Power Ltd (APL) will allocate roughly Rs 48,000 crore to set up a 3,200 MW greenfield ultra-super-critical thermal plant under the DBFOO model.

‘The project, awarded at a tariff of Rs 6.30 per unit, has secured coal linkage through the Centre’s SHAKTI policy. Commissioning will begin in phases from December 2030.

‘The project is expected to create 20,000-25,000 jobs during construction and about 3,500 in operations.

Adani Green Energy Ltd (AGEL) will invest around Rs 15,000 crore in two pumped-storage projects (PSPs) totalling 2,700 MW. The company has also received a Letter of Award for 500 MW of storage capacity to be delivered through these PSPs. The group estimates total project-phase employment from both ventures at around 30,000.