India-based Hindustan Power signed an agreement with the Assam government to invest INR 620 crore ($71.03 million) in solar and battery storage projects. The plan includes INR 500 crore ($57.28 million) for a 100 MW solar power plant. It also includes INR 120 crore (~$13.74 million) for a battery energy storage system. The company previously developed a large solar power plant in Assam in 2016. Hindustan Power is an independent power producer. It has a global portfolio of renewable and transitional electricity generation assets.
Hindustan Power allocates INR 620 crore for Assam solar, BESS
Assam and Hindustan Power agreed on an INR 620 crore investment for a 100 MW solar plant and battery storage system, expanding its renewable portfolio.
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