Hindustan Power to invest Rs 620 cr in solar, battery projects in Assam

Quick Summary:

"Hindustan Power was the first company to develop a large solar power plant in Assam in 2016, and the company remains committed to driving the state's journey of growth in the new era of renewable energy," the company's chairman Ratul Puri said.

The investment will drive the development of a 100 MW solar power plant alongside a battery energy storage system, the company said in a statement on Monday.

Hindustan Power has signed an agreement with the Assam government to invest Rs 620 crore to set up solar and battery storage projects.

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Category: BusinessFinance

Markets: India

Topics: Assam Hindustan Power Solar energy projects Battery storage projects

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 16:54:17 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 7 lines

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Copyright Owner: © Business Standard

News ID: 26621008

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