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Thursday, February 27, 2025

Assam Secures Massive Investments at Advantage Assam 2.0: Key Companies & Details

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At the Advantage Assam 2.0 summit, multiple companies and investors pledged significant investment to boost Assam’s economic growth and infrastructure. The Advantage Assam 2.0 Investment and Infrastructure Summit at Veterinary College Field, Khanapara.

Several Memorandums of Understanding (MoUs) were signed across public and private sectors, covering industries such as renewable energy, healthcare, gas distribution, and manufacturing.

This investment will boost industrial capacity, generate employment opportunities, and promote sustainable development in Assam.

These investments, exceeding ₹2 lakh crore, are expected to generate employment, enhance connectivity, and strengthen Assam’s position as a leading investment destination.

Here is the Investment of Key Companies & Details during Assam Advantage 2.0 first days

Company NameInvestment (₹ Crore)Project Details
Reliance Industries Ltd.50,000Investment in clean energy, retail, hospitality, bamboo, and Assam’s renowned silk industry in Sualkuchi.
Adani Group50,000Focus on clean energy, infrastructure development, and major road projects in Assam.
Vedanta Group50,000Oil & gas exploration, surveillance infrastructure, and sports development.
Tata Power Company Ltd.30,0005,000 MW renewable energy projects, including solar, wind, hydro, and energy storage initiatives.
Oil India Limited23,300Oil & gas exploration, CNG & PNG supply, and facility refurbishment.
Numaligarh Refinery Ltd.10,711Multiple projects including Sulphur Granulation Plant, LPG Bottling, Sustainable Aviation Fuel (30 KTPA), Green Hydrogen Unit (10 KTPA), and Polypropylene Unit.
Greenko Energies Pvt. Ltd.5,850900 MW pumped storage project for round-the-clock power supply.
Adani Total Gas Ltd.5,000City gas distribution, electric vehicle charging, biomass energy, and LNG infrastructure for trucks & mining.
JSW Group7,000Establishing renewable and thermal energy projects in Assam.
PNB Investment Services Ltd.3,000Alternative Investment Fund (AIF) with PNB as the lead manager.
Indradhanush Gas Grid Ltd.1,200Duliajan Feeder Line (24″ X 186 Km) connecting Duliajan to the North East Gas Grid.
Lilavati Foundation LLP150Setting up a multi-specialty tertiary care hospital.
Bio Friends260Establishing a Dimethyl Ether (DME) plant with an 80,000 TPY capacity in Namrup, Dibrugarh.
Welspun World350Production of high-quality pipes and water storage tanks under Sintex BAPL Ltd.
TCC Concepts Ltd.1,500Developing state-of-the-art data center infrastructure.
Gaveshna University800Setting up a state private university.
Essar Group2,100Establishing a renewable energy project to drive sustainable development.

This investment will boost Assam development and will help to grow as a major economic hub by creating jobs, improving infrastructure and promoting sustainable development.

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