Ahmedabad: Adani Power and Adani Green Energy — two flagship Adani Group companies — on Friday announced that they have received Letters of Award (LoA) from the Assam government for two transformative projects worth Rs 63,000 crore in the state.

Adani Power Ltd, India’s largest private sector power generator, will invest Rs 48,000 crore to set up a 3,200 MW greenfield ultra supercritical power plant in Assam.

Separately, Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, intends to invest Rs 15,000 crore to set up two Pumped Storage Plants (PSP) in the state with a combined capacity of 2,700 MW.

AGEL has received an LoA for 500 MW of energy storage capacity, which will be catered from the above PSPs, according to the company statement.

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