Hindustan Power, led by Ratul Puri, has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in solar and battery energy storage projects. The agreement, finalized at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati, reinforces the company’s commitment to sustainable energy solutions.
As part of the investment, Hindustan Power will develop a 100 MW solar power plant with an allocation of ₹500 crore and a 100 MW battery energy storage system worth ₹120 crore. These projects align with the company’s target of achieving a 5 GW energy portfolio in the next three years and will generate over 5,000 man-days of employment. Ratul Puri highlighted Assam’s potential for renewable energy growth, crediting Chief Minister Dr. Himanta Biswa Sarma’s leadership in attracting investments. The MoU signing was attended by key officials, including Power Minister Prasanta Phukan and senior APDCL executives.
The investment is expected to strengthen Guwahati by enhancing power reliability, reducing operational costs for businesses, and supporting industries adopting sustainable energy. The initiative is set to accelerate Assam’s transition to clean energy while fostering economic development.
