Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest INR 620 crore in solar energy and battery storage projects. The deal was finalized during the Advantage Assam 2.0 Investment and Infrastructure Summit held in Guwahati.
As part of its growth strategy, Hindustan Power plans to build a 5 GW energy portfolio over the next three years. The planned projects in Assam include a 100 MW solar power plant and a 100 MW battery storage system. The company has allocated INR 500 crore for the solar plant and INR 120 crore for the storage facility. These projects will be developed in partnership with the state government.
Ratul Puri, Chairman of Hindustan Power, said, “We were pioneers in establishing a large solar power plant in Assam back in 2016, and we remain committed to supporting the state’s shift towards renewable energy. Assam’s growing potential offers numerous opportunities, and we are eager to contribute to the state’s renewable energy goals.”
Hindustan Power has a strong track record of significant projects, including India’s first 5 MW solar plant and Asia’s first 30 MW renewable energy project. The company has also undertaken projects worldwide in countries such as Germany, Italy, Japan, the UK, and the US.
As a key player in India’s energy sector, Hindustan Power focuses on power generation, transmission, and distribution. The company was founded to address the country’s growing energy needs and has made significant progress in both conventional and renewable energy sectors.
Hindustan Power has developed and operates several thermal, solar, and hydroelectric power plants across India. Its efforts contribute to the country’s energy security and sustainability goals. The company is committed to using advanced technologies and sustainable practices, balancing growth with environmental responsibility. With its strategic investments and focus on renewable energy, Hindustan Power continues to play a crucial role in India’s transition to a greener and more resilient energy future.
