Key Takeaways

• Tata Power has signed an MoU with the Assam Government to develop 5000 MW of renewable energy projects with a Rs 30,000 crore investment over five years.
• The collaboration involves the allocation of approximately 20,000 acres of government land for solar, wind, hydro, and energy storage projects, along with infrastructure support.
• It aims to boost local job creation and skill development while aligning with Assam’s renewable energy goals, including 500 MW of solar capacity by 2027.

Collaboration for Renewable Energy Development

Tata Power has signed a significant Memorandum of Understanding (MoU) with the Assam Government during the Advantage Assam 2.0 event, reinforcing its commitment to renewable energy and sustainable development. This agreement aims to develop up to 5000 MW of renewable and clean energy projects—including solar, wind, hydro, and energy storage—over the next five years, backed by an investment of Rs 30,000 crores.

The MoU was signed by Krishna Kumar Dwivedi, Principal Secretary Power, Government of Assam, and Dr. Praveer Sinha, CEO & MD of Tata Power. Under this partnership, the Assam Government will facilitate access to about 20,000 acres of encumbrance-free government land for lease and assist in securing suitable private land for the energy projects. Furthermore, the state will support critical infrastructure development to ensure smooth transmission connectivity and promote the establishment of Renewable Energy Parks.

As part of the initiative, land for Group Captive sites will be identified, enabling local industries and tea gardens to access clean energy in line with Assam’s land allotment and industrial policies. The government has pledged to streamline project execution through single-window clearances for approvals, offer financial incentives, and collaborate with research institutions to foster innovation in the renewable sector. Skill development programs will also be introduced to cultivate a trained workforce for the implementation and operation of these projects.

Assam has shown notable advancement in its renewable and clean energy sector, utilizing its rich natural resources to tap into a renewable energy potential of 14,487 MW, with solar power leading this effort. The state aims to achieve a solar capacity of 500 MW by 2027. This collaboration directly supports Tata Power’s vision of expediting Assam’s clean energy transition and helping the state reach its renewable energy goals.

Additionally, Tata Power’s subsidiary, Tata Power Renewable Energy Ltd., signed another MoU with Assam Power Distribution Company Limited (APDCL) to promote renewable energy adoption and enhance energy efficiency. This agreement specifically focuses on scaling up rooftop solar installations under the Pradhan Mantri Surya Ghar Muft Bijli Yojana (PMSGY), while also creating approximately 3000 direct job opportunities, further contributing to Assam’s clean energy transition and economic growth.

Dr. Praveer Sinha emphasized the significance of these MoUs, stating, “These agreements mark important strides towards developing renewable and clean energy capacity, leveraging Assam’s vast potential in solar, wind, hydro, and energy storage. With strong policy support, infrastructure development, and skill enhancement initiatives, this collaboration will bolster the state’s energy security and stimulate economic growth and job creation.”

Tata Power’s current initiatives in Assam highlight their dedication to the state’s environmental efforts, having installed 20 MW of solar rooftop capacity, more than 300 EV home chargers, and over 20 public EV charging stations. These actions reflect a comprehensive approach to advancing greener energy solutions and promoting the adoption of electric vehicles throughout the region.

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