Energy push: Assam secures key investments in developing green energy infra, boost exploration activities

Investments poured in for the energy sector at Advantage Assam 2.0 with companies announcing plans to develop city gas distribution (CGD) and renewable energy infrastructure, and increased oil and gas exploration activities in the state.

Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati on February 25, underscoring that the state always had a share in global trade. Indian conglomerates including Reliance Industries Limited (RIL), Adani Group and Vedanta’s Cairn Oil & Gas among others announced investment plans to develop energy infrastructure in the state amid a keen focus on the sector by the government with India’s rising energy demand.

Assam received investment proposals worth over Rs 2 lakh crore on the first day of the event with the energy sector securing a prominent share.

Cairn Oil & Gas

Vedanta Group chairman Anil Agarwal said the company would invest Rs 50,000 crore in Assam and Tripura’s oil and gas sector over the next three to four years.

Cairn Oil & Gas would use the investment to set up oil and gas exploration and production facilities in the state, said Agarwal. The company operates 12 blocks acquired under the Open Acreage Licensing Policy and one under the Discovered Small Field Policy in Assam and Tripura.

Inaugurating the event, Modi said over 50 percent of India’s on-shore natural gas production came from Assam, adding that there has been a significant increase in the capacity of the state’s refineries in the recent years.

Adani Group

The Adani Group announced an investment plan of Rs 50,000 crore across multiple projects in Assam, including developing the CGD infrastructure in the state.

Amid the growing gas infrastructure in the country, Modi said the entire gas-based economy sector is rapidly expanding and Assam has a significant advantage in the journey.

Reliance Industries 

Reliance Industries Chairman Mukesh Ambani said that the company will invest Rs 50,000 crore across five verticals, including green and nuclear energy, in Assam over the next five years. Other areas RIL would invest in include the technology, retail and hospitality sectors.

Modi emphasised that the government has created many pathways for industries, including production-linked incentive schemes and policies for green initiatives. Modi expressed his desire for Assam to emerge as a leader state in the renewable energy sector and urged industry leaders to maximise the state’s potential.

Renewables and power sector push

Several other companies including the Tata and Jindal groups also announced investments for the state. Tata Group said it would invest Rs 25,000 crore in Assam over multiple projects including partnering with the state government in the green energy sector, with a commitment to invest in solar and other renewable power generation.

The Jindal Group said it was looking into investments in the renewable and thermal power sectors in the state. The company said it would invest in Assam’s largest thermal power plant to help meet power requirements for fast-paced development.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.