The state of Assam is poised to become a major hub for green energy and sustainable development, with Arti Power & Ventures Private Limited making a historic commitment to invest Rs 1,000 crore in the region’s energy and agro-food processing industries. The investment, formalized through a Memorandum of Understanding (MoU) with the Assam government during the Advantage Assam 2.0 summit, marks a significant step towards boosting the state's economic and infrastructural landscape.
Arti Power, a well-established player in India’s renewable energy sector, aims to transform Assam’s power infrastructure by developing hydropower, solar PV, and green hydrogen projects. The company’s vision aligns with the National Renewable Energy Goals, focusing on leveraging Assam’s untapped natural resources while fostering sustainable development and energy security.
The Advantage Assam 2.0 summit has been a catalyst for attracting investments in the state, with the Assam government setting an ambitious target of securing Rs 1.5 lakh crore in commitments from various industries. Among the major investors, Arti Power’s decision to inject Rs 1,000 crore into the state’s energy sector underscores its confidence in Assam’s potential for renewable energy growth.
The company plans to develop small, medium, and micro hydropower projects across Assam, particularly in its hilly districts, by utilizing abandoned water resources to generate between 100-200 MW of clean energy. In addition, Arti Power is exploring innovative solar solutions, such as setting up solar PV projects on embankments, to maximize energy efficiency and land utilization. The company’s focus on green hydrogen production further emphasizes its commitment to achieving net-zero emissions and reducing Assam’s dependence on fossil fuels.
Additionally, Arti Power has pledged to work closely with Assam’s public sector entities to revamp and modernize non-performing power projects, ensuring improved efficiency and reliability in the state’s electricity supply.
Beyond energy, Arti Power’s subsidiary, Arti Agro Food, has unveiled plans to invest in Assam’s food processing sector. With the abundance of agricultural produce in the Northeast often going to waste due to a lack of processing facilities, the company aims to establish state-of-the-art food processing units that will not only reduce food wastage but also generate employment opportunities for thousands of women in rural Assam.
Arti Power’s Director, Mrs. Arti Atin Kamble, expressed her enthusiasm for this initiative, emphasizing her commitment to women’s economic independence. She highlighted that in Mumbai, her company already employs 150 women, and she envisions creating similar opportunities in Assam by prioritizing women-led employment in the agro-food processing industry.
" I am very happy that Assam CM Himanta Biswa Sarma has initiated this mega event and taking putting in all efforts to make this mega investment summit a success. The entire seminar was an eye opener for us. For the past 10 years we are working here in Northeast. We have our hydrocarbon projects here. Every two months I am here in Assam and I think it is a blessing for me to visit and do something for the state of Ma Kamakhya and feel equally blessed now to be directly associated with Assam now as we have inked an investment of Rs 1000 crore for a span of 10 years. As a woman entrepreneur I would always want the priority should be given to the women. Because in Mumbai we are already doing and currently 150 ladies are working under me. And that all women should be independent and should strive towards that goal", said Mrs Arti Kamble while speaking to India Today NE.
"We want women to become self-reliant. The Northeast has immense potential in the food processing sector, and I have seen first-hand how valuable local agricultural produce is. It is heartbreaking to see food go to waste when it could be transformed into high-quality processed products," Mrs. Kamble stated.
Arti Power’s decision to expand its footprint in Assam is a testament to the state’s improving business ecosystem, driven by Chief Minister Dr. Himanta Biswa Sarma’s investor-friendly policies. Mrs. Kamble praised the state’s welcoming environment, citing Assam’s rich cultural heritage, natural resources, and hospitable people as key factors in the company’s decision to invest.
With leading conglomerates such as Reliance and Adani already making significant strides in Assam’s energy sector, Arti Power’s commitment reinforces the state’s growing status as a renewable energy hub.
Arti Power’s Rs 1,000 crore investment represents more than just a financial commitment—it is a strategic move towards making Assam a leader in India’s green energy revolution. By focusing on hydropower, solar PV, and green hydrogen production, the company is paving the way for a cleaner, more self-sufficient energy future.
Moreover, its investment in food processing and women’s empowerment highlights a holistic approach to development, ensuring that Assam’s economic progress benefits local communities. As the state gears up for unprecedented industrial growth, Arti Power’s initiatives will undoubtedly play a crucial role in shaping a sustainable and inclusive future for Assam.