Oriana Power partners with Assam Government for ₹500 crore Solar and BESS projects

Team Finance Saathi

    28/Feb/2025

What's covered under the Article:

  1. Oriana Power Limited enters a strategic MoU with Assam Government for renewable energy development.
  2. ₹500 crore investment planned for Solar and Battery Energy Storage System (BESS) projects in Kamrup District, Assam.
  3. Partnership aligns with Assam’s clean energy goals and India’s commitment to sustainability.

Oriana Power Limited, formerly known as Oriana Power Private Limited, has signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Department of the Government of Assam. This partnership was formalized during the Investment and Infrastructure Summit – 2025, held in Guwahati, Assam, where both parties expressed their commitment to advancing renewable energy solutions. This significant move is part of a larger push towards green energy initiatives in India, with a specific focus on solar energy and Battery Energy Storage Systems (BESS).

The MoU outlines the intention of both the Government of Assam and Oriana Power Limited to jointly work on a ₹500 crore investment aimed at establishing solar energy projects and BESS infrastructure in the Kamrup District of Assam. These solar and BESS projects are expected to play a pivotal role in boosting Assam's renewable energy capacity and contribute to India's broader sustainability goals.

Oriana Power’s involvement in the solar energy sector is a significant step in the company’s journey to becoming a key player in the Indian renewable energy market. The partnership aligns with the Government of Assam’s commitment to enhancing green energy infrastructure across the state, which is a vital part of the state's efforts to reduce its carbon footprint and transition towards more sustainable energy sources.

The ₹500 crore investment will primarily focus on developing solar power generation units and Battery Energy Storage Systems (BESS) that will help store solar energy for later use. This is crucial for regions like Assam, where the energy demand fluctuates and the need for reliable and sustainable energy sources is essential.

The Kamrup District has been identified as an ideal location for these solar projects due to its geographical advantages and the state's overall push towards enhancing its energy infrastructure. The installation of BESS alongside solar power plants will ensure a consistent energy supply, even during periods of low sunlight, thus ensuring that the state can meet its energy needs sustainably.

The partnership between Oriana Power Limited and the Government of Assam is also expected to create a positive ripple effect across the region. The projects will not only contribute to Assam’s renewable energy sector but also stimulate local economies by creating jobs in the installation and maintenance of these advanced systems. This, in turn, supports the government's vision for sustainable economic development.

Both parties have expressed that while the MoU signifies the intent to collaborate, further formal agreements and the necessary regulatory approvals will be sought in due course. This is a critical step toward the implementation of the solar and BESS projects, and both Oriana Power and the Government of Assam are committed to ensuring that all legal and regulatory requirements are met.

This move is aligned with India’s broader goals for renewable energy development under the Paris Climate Agreement and the country’s commitment to reducing carbon emissions. By fostering partnerships like this one, India is steadily progressing towards its target of achieving 500 GW of non-fossil fuel energy capacity by 2030.

In conclusion, the MoU between Oriana Power Limited and the Government of Assam marks an important milestone in the country’s transition towards sustainable and renewable energy sources. With both parties committed to achieving environmental sustainability and energy security, this partnership is expected to have a significant positive impact not only on Assam’s energy landscape but also on India’s renewable energy aspirations.


The Upcoming IPOs in this week and coming weeks are  NAPS Global.


The Current active IPO are Balaji PhosphatesShreenath Paper.


Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.


Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.


Join our Finance Saathi Telegram Channel for Regular Share Market, News & IPO Update.

Related News
onlyfans leakedonlyfan leaksonlyfans leaked videos