Tata Power, one of India’s leading energy producers, has signed a memorandum of understanding with the government of Assam to support the development of 5,000 MW of renewable energy projects. The agreement, signed at the Advantage Assam 2.0 event, includes an investment of ₹30,000 crore (approximately $3.6 billion) over the next five years.
A transformative project for the energy sector
This partnership aims to develop solar, wind, hydroelectric, and energy storage infrastructure in the northeastern state of Assam. The government of Assam has committed to facilitating the identification and allocation of 20,000 acres of public land, as well as assisting with the acquisition of private land for these projects. The goal is to accelerate Assam’s energy transition by harnessing its natural resources and enhancing local production capacity.
To ensure the smooth execution of the projects, the state will implement a single-window system for obtaining regulatory approvals and provide financial incentives. Furthermore, the transmission infrastructure will be optimised to allow for the efficient integration of the electricity produced into the national grid.
Solar energy development and economic impact
In addition to this agreement, Tata Power Renewable Energy Ltd., a subsidiary of Tata Power, has signed another memorandum of understanding with Assam Power Distribution Company Limited (APDCL) to promote rooftop solar adoption under the Pradhan Mantri Surya Ghar Muft Bijli Yojana (PMSGY) scheme. This initiative aims to strengthen the energy independence of industries and households while reducing their reliance on fossil fuels.
The deployment of these infrastructures is also accompanied by a significant social aspect. The two agreements are expected to generate around 3,000 direct jobs for the local population. Moreover, training programmes will be introduced to develop the necessary skills for the operation and maintenance of the new installations.
A strategic commitment for Tata Power
Tata Power leverages its experience in the renewable energy sector to support Assam’s ambitions. The company already has an installed capacity of 20 MW in rooftop solar and an expanding network of electric vehicle charging stations. These new projects further strengthen its commitment to decarbonising India’s energy sector.
Dr. Praveer Sinha, CEO and Managing Director of Tata Power, highlighted the importance of these initiatives, stating: “These agreements mark a key step in the development of renewable energy capacity, tapping into Assam’s potential in solar, wind, hydro, and storage. With strong political support and suitable infrastructure, this partnership will contribute to the state’s energy security while boosting economic growth and job creation.”
With these projects, Tata Power continues its strategy of expanding into renewable energy, solidifying its position among the leading players in the sector in India.
