The Adani Group is poised to unveil a ₹20,000 crore investment plan for India’s Northeastern region at the upcoming Rising Northeast Investors Summit in New Delhi. The summit, set to be inaugurated by Prime Minister Narendra Modi, aims to position the Northeast as a burgeoning hub of economic opportunity.
A central component of Adani’s proposal includes the development of a 3,200 MW thermal power plant in Assam, alongside significant investments in transmission infrastructure. The Group is also evaluating opportunities in green and nuclear energy within the region, reflecting a broader strategic shift towards sustainable development.
This announcement highlights a growing interest among major Indian conglomerates in the Northeast. The Reliance Group is similarly expected to reveal new investments through its telecom arm, Jio, and Reliance Retail.
Minister of Communications and Development of the North Eastern Region, Jyotiraditya Scindia, noted that the ministry has already secured investment proposals totaling ₹4.22 lakh crore through various outreach initiatives, including roadshows and global engagement. In February, Adani, Reliance, and Tata collectively announced planned investments exceeding ₹1 lakh crore in Assam alone.
News by Rahul Yelligetti.