The Government of Assam is set to invest over ₹77,353 crore across hydro, solar, thermal and energy storage projects to produce 8,457 MW of power, marking an unprecedented investment milestone for the state's energy sector, ANI reported.


Assam Finance Minister Jayanta Mallabaruah stated while introducing the state Budget that Assam is set to step into a transformational phase with the investment. “This ambitious programme will be financed through a combination of the state's own resources, centrally sponsored schemes, externally aided projects and public-private Partnerships,” the news agency quoted Mallabaruah as saying.


He added, "Our government has also accorded the highest priority to Pumped Storage Power (PSP) Projects to ensure large-scale renewable energy integration and sustainable industrial growth. Four PSP Projects with a combined capacity of 4,900 MW and estimated private investment of nearly ₹27,100 crore, have been approved in the state."

The finance minister highlighted that the 120 MW Lower Kopili Hydroelectric Project has started its trial commissioning stage, and is already delivering 55 MW into the grid, with full commissioning anticipated in July 2026.


He also said added that "With the proposed 3,200 MW thermal power plant at Bilasipara with an estimated investment of ₹4,000 crore and 11 new hydropower projects with a proposed total capacity of 137.2 MW and an estimated investment of ₹2,617 crore under various stages of planning and implementation, Assam is taking decisive steps towards becoming power-surplus for the first time in its history."


Moreover, according to Assam Chief Minister Himanta Biswa Sarma’s statement in a post on X, Assam targets to expand its power generation capacity from the current 450 MW to 8,457 MW. He said, "Today's Assam dreams big & delivers even bigger. An investment of ₹77,000+ crore in the power sector will generate more than 8,000 MW of electricity in the coming days to charge up the journey of a Viksit Assam."