Tata Power signs MoU with Assam for 5 GW clean energy projects

Under a new MoU, Tata Power and the Assam Government plan to develop 5 GW of renewable energy projects with an investment of INR 30,000 crore over the next five years.

By Karthik Srivasthav G 27 Feb 2025 in Project Bytes India Bytes

New Update

The collaboration includes land allocation, infrastructure support, and skill development programs to boost Assam’s renewable energy sector and job creation. — The MoU includes support for infrastructure development and transmission connectivity. Image Source: Tata Power

India-based Tata Power has recently signed a MoU with the Assam Government, India, to develop around 5 GW of clean energy projects covering solar, wind, hydro, and storage. The investment will sum up to INR 30,000 crore (~$3.44 billion) over the coming five years. The Assam Government will provide 20,000 acres of land and assist with infrastructure for transmission connectivity. The collaboration includes financial incentives, single-window clearances, and skill development programs to train the workforce for renewable energy projects. Tata Power will also partner with Assam Power Distribution Company Limited to install rooftop solar projects, also creating 3,000 direct jobs. Assam aims to reach 500 MW of solar capacity by 2027, leveraging its 14,487 MW renewable energy potential.

#India #Renewableenergy #TataPower #Assam

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