India, Nov. 14 -- The Adani Group is set to invest close to Rs 63,000 crore in two major energy projects in Assam after its portfolio companies received Letters of Award from the state government. The projects include a cutting-edge thermal power plant and a pioneering pumped storage facility, marking one of the largest private sector investments in the northeastern region.
Adani Power Ltd (APL), India's largest private sector power producer, will invest about Rs 48,000 crore to establish a 3,200 MW greenfield ultra supercritical thermal power plant. Meanwhile, Adani Green Energy (AGEL) plans to invest nearly Rs 15,000 crore in two pumped storage plants with a combined capacity of 2,700 MW. AGEL has secured an LoA for 500 MW of energy stor...