Power cuts to soon become history in Assam, says Tata Power CEO Praveer Sinha

Praveer Sinha, CEO and MD, Tata Power

Tata Power will invest in key areas such as rooftop solar power, large intensity renewable power and EV focusing on public charging, the managing director and chief executive Praveer Sinha said, detailing the company’s future investment plans in Assam and neighbouring countries.

He was speaking to News18 Assam Northeast editor Paragmoni Adity on the side lines of Advantage Assam 2.0 on February 25.

The company also announced an investment plan of up to Rs 30,000 crore at the Assam Investment Summit on key projects including a pact to develop 5 GW renewable and clean energy projects in the state.

Elaborating on the investment goals, Sinha said Tata Power is planning to build power plants in Bhutan, which shall supply power to Assam 24*7. Currently, work is going on a 500 MW power plant, which is situated three kilometres inside the Bhutan border, and couple of more power plants of 1,000 MV capacity is expected to come up in near future.

Assam shall be first among few states to transit into clean energy, Sinha said.

Sinha also said that the Tata group firm intends to light up one lakh houses in one of its biggest endeavour. Commending Assam’s efforts to catapult its growth trajectory, Sinha noted the support from the government is ‘incomparable’ and the state can become a gateway to South Asia and other northeast states. Sinha assured that Tata Power shall be partners in this growth.

Tata’s initiative shall generate 30,000 employment in electronic sector and 50,000 employment cumulatively, the company claimed.

Speaking on the future of Hydrogen based power, the CEO stated that it shall come but not now. On nuclear power, Sinha said that it is awaiting a policy decision and amendment in the act.

“Ratan Tata had a soft corner for Assam and we are taking forward the great legacy," said Sinha.