POWER SECTOR IN ASSAM
Defence exports signal India's rise as regional security provider
Under Modi 3.0, India emphasizes delivery over rhetoric, evident in mandates and initiatives like PM-KISAN and Ayushman Bharat. Operation Sindoor showcased India's defense capabilities, bolstered by the Atmanirbhar Bharat mission and rising defense exports. The nation's startup ecosystem thrives, alongside advancements in digital infrastructure and strategic investments, paving the way for economic growth and national renewal.
ULFA leader Paresh Baruah backs Chinese Hydel power project on upper reaches of Brahmaputra
Self-exiled ULFA leader Paresh Baruah supports China's dam project on the Brahmaputra, disregarding potential risks to India while criticizing the Indian government on various issues, including its handling of the Indo-Pak conflict. He simultaneously praises Assam's Chief Minister and reaches out to the Congress leader, attempting to maintain relevance by commenting on Assam's politics and appealing to religious sentiments.
Transformation theme: 9 stocks from the energy & power ecosystem as it transitions to clean energy
The structural transformation in the auto sector is much talked about and given credit by the street. Another sector that has been undergoing a similar transformation, though quietly, is the energy sector. Large companies in the energy space – whether in oil marketing, refining, or any other – have been forming JVs or floating subsidiaries to get into New Energy areas. This transition is much bigger than in the auto space, but a bit too slow to excite the street. So get these stocks on your watchlist.
Assam CM meets union ministers, seeks new mineral extraction, expanded coal linkages, & railway infra boost
Assam Chief Minister Himanta Biswa Sarma engaged with Union Ministers G. Kishen Reddy and Ashwini Vaishnaw to bolster the state's infrastructure and economy. Sarma requested support for coal and mineral extraction, seamless coal linkages for thermal plants, and expansion of Margherita coal mines. Discussions with Vaishnaw centered on railway infrastructure expansion to establish Assam as a logistics hub.
Forget tariffs—foreign tourists pay in forex, smile in return
India should prioritize inbound tourism as a powerful, geopolitically stable export sector. Unlike manufactured goods, tourism isn't affected by tariffs or trade disputes. By investing in marketing, simplifying visas, improving infrastructure like high-end trains, and promoting unique cultural experiences, India can significantly boost forex earnings and create inclusive jobs, making tourism a key driver for economic growth.
India sends a billion-dollar message to Bangladesh
Recent actions and statements from Bangladesh, including a retired official's call for occupying Indian states and inviting Chinese economic influence, signal a growing threat to India's northeast. Concerns heightened with reports of China potentially assisting in reviving a strategic airbase near the Siliguri Corridor.
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Assam CM Himanta Biswa Sarma calls for collective efforts to realize vision of Viksit Bharat at NITI Aayog meet
Assam government, supported by the central government under Prime Minister Narendra Modi, is working to realize the vision of Viksit Assam. Chief Minister Himanta Biswa Sarma highlighted Assam's historical prosperity before partition and the challenges it faced. He emphasized the need for improved connectivity and infrastructure to restore Assam's role as a gateway to Southeast Asia.
Adani Group, Reliance, Vedanta to invest Rs 30,000-50,000 cr each in northeast India
Adani Group, Reliance Industries, and Vedanta have each announced plans to invest an additional ₹30,000-50,000 crore in northeast India, as revealed at the Rising Northeast Investors Summit. Reliance Industries, led by Mukesh Ambani, committed to investing ₹45,000 crore more, aiming to increase its total investment in the region to ₹75,000 crore over the next five years.
Vedanta Group to invest Rs 80,000 crore in Northeast India for growth and development
Vedanta Group plans to invest Rs 80,000 crores in Northeast India. The investment will focus on oil, gas, minerals, and renewable energy. Six Northeastern states will benefit from this initiative. Vedanta aims to create one lakh jobs. The company will also expand social programs for women and children. Anil Agarwal highlights the region's growth potential.
Vedanta to invest Rs 30,000 crore in Northeast in oil & gas, critical minerals and other sectors
Vedanta Group is set to invest Rs 30,000 crore in Northeast India, expanding its commitment to the region's development. This investment will span across Arunachal Pradesh, Nagaland, Tripura, Meghalaya, and Mizoram, focusing on sectors like oil and gas, critical minerals, and renewable energy. The initiative aims to generate one lakh jobs and boost socio-economic growth.
Adani to announce ₹20,000 crore investments in North East
Adani Group is expected to unveil a ₹20,000 crore investment plan for the north-eastern region at the Rising Northeast Investors Summit. The group's focus includes thermal power with a 3200 MW plant in Assam, transmission operations, and potential ventures into green and nuclear energy. Reliance is also expected to announce investments through Jio and Retail, highlighting the region's investment potential.
Assam govt signs investment agreements amounting to Rs 22,900 crore
Assam government signed agreements worth Rs 22,900 crores under Advantage Assam 2.0. The event saw 20 major projects across sectors. Focus is on infrastructure, industry, and green energy. Projects include bridges, expressways, and solar power plants. Paper mills and recycling plants are also in progress. More investments are expected, with a similar event planned soon.
DoNER Minister reviews ministry's work in presence of Assam Chief Minister
Union Minister Jyotiraditya Scindia reviewed DoNER's schemes in Assam with Chief Minister Himanta Biswa Sarma, focusing on infrastructure, energy, and key sectors like muga silk and tourism. Assam showcased progress in health, education, and energy, aiming for a Rs 10 lakh crore GDP with a 14% growth rate.
BluSmart fleet on the block, HCL-Foxconn semicon JV
Lenders and lessors are planning to sell EVs on the BluSmart fleet to recover their dues. This and more in today’s ETtech Morning Dispatch.
Assam cabinet approves thermal power policy, aims for Rs 7,730 crore investments
Assam's cabinet has approved the Assam Thermal Power Generation Product Promotion Policy 2025, aiming to attract significant investments into the thermal power sector. The state government will offer land, water, and road infrastructure to companies establishing thermal power plants, with plans to purchase power and potentially export it.
Japan House Speaker visits Tata Semiconductor Assembly Assembly and Test Facility in Jagiroad
Speaker of the House of Representatives, Japan, Nukaga Fukushiro, along with a delegation, visited the Tata Semiconductor Assembly and Test Facility in Assam, receiving a warm welcome from Chief Minister Himanta Biswa Sarma. The visit underscores growing cooperation between Assam and Japan, with Japan lifting tourist restrictions and supporting key sectors in Assam.
Mizoram Chief Minister Lalduhoma chairs first meeting of Northeast Economic Corridor task force
Mizoram Chief Minister Lalduhoma chaired the first meeting of the High-Level Task Force on the Northeast Economic Corridor, emphasizing regional cooperation for faster growth. The initiative aims to enhance connectivity, trade, and investment in the Northeastern Region. Lalduhoma also discussed Brahmaputra Board projects in Mizoram, assuring support for sustainable water resource management.
Tesla wants India to chip in with integral parts supply
Electric vehicle giant Tesla is in talks with US chipmaker Micron and Indian firm CG Semi to source semiconductor components. This follows a strategic deal with Tata Electronics to procure chips for its global operations.
About 91% of Central govt's investment in FY25 focused on five key sectors: Bank of Baroda Report
A Bank of Baroda report reveals that the Indian central government is channeling approximately 91% of its Rs 6.8 lakh crore investments into five key sectors for 2024-25. Renewable electricity leads with Rs 2.7 lakh crore, aiming to generate 12,555 MW. Chhattisgarh receives the largest share of investments at Rs 1.4 lakh crore, followed by Odisha.
Rio Tinto plans return ticket to India, looking at 50:50 JV with AM Green arm for aluminium smelter, refinery in South India
The plan is to set up a 1 million tonne per annum aluminium smelter along with 2 million tonnes of alumina production, powered by clean energy sources, in a port location in South India. Decision to re-enter comes close to a decade after exit from country, after surrending Bunder diamond mines.
Assam CM Himanta Biswa Sarma, Jeet Adani hold meeting to advance implementation of the key investment commitments
Assam Chief Minister Himanta Biswa Sarma met with Adani Ports Director Jeet Adani. They discussed advancing investment commitments from the Advantage Assam 2.0 summit. The focus was on formalizing procedures for projects like cement plants and an aerocity. Discussions also covered the Jogighopa Multimodal Logistics Park and potential economic activities. Sarma assured support for the Adani Group's requirements.
Forget tariffs, dumping will be the real headache soon: 23 stocks from one sector & its sub-segments where real business may be hit
Spikes in stock prices may often be a result of sentiment moving from over-pessimistic to neutral territory. This is especially true when there is a sudden movement in stocks of an entire sector without rhyme or reason. To put this in perspective: Why did metal stocks rally on Friday? Had the demand for steel and copper increased in the previous 48 hours? No. In the current scenario, where tariffs will cause businesses to face real problems arising out of over-inventory and massive supply chain disruptions, take a sudden spike in any set of stocks related to China with more skepticism than optimism.
SJVN releases Rs 270 cr land compensation for Etalin Hydropower Project in Dibang Valley
SJVN Limited has released ₹269.98 Crore for land compensation for the 3097 MW Etalin Hydro-Electric Project in Arunachal Pradesh's Dibang Valley, a key step after SJVN took over the project in August 2023. The project aims for commissioning in December 2033.
Chanakya Opportunities Fund bets big on Renewable Energy, invests in Sadbhav Future Tech’s Rs 36 crore round
Chanakya Opportunities Fund has invested in Sadbhav Future Tech’s ₹36 crore pre-IPO round, supporting its solar pump-led agri-renewable mission to empower 1 million farmers over 10 years. The fund aligns with the company’s vision of sustainable rural energy transformation.
Maximum disruption or tactical opportunity? 14 stocks from the energy ecosystem with upside potential of more than 29%
Logically, fears of a recession in the world should drive crude oil prices down. Yet, for the next couple of weeks, if not for a month or so, be prepared for news about volatility in global crude oil prices. Reason: The production cuts announced by some OPEC member-countries. What does this mean for Indian companies from the energy ecosystem? It is a negative for companies where sales prices are determined by the global crude price. But for several others, it could be positive news. Also, don’t forget the larger transformation happening in the energy space.
Absenteeism, migration pose serious challenges to tea estates in Assam: Chairman of Barak Valley Branch, Tea Association of India
Sushil Singh, chairman of the Barak Valley Branch of the Tea Association of India (TAI), highlights critical challenges in tea estates due to unauthorized absenteeism and manpower shortages. Financial constraints and declining productivity further strain the industry, despite Assam celebrating 200 years of tea production. Mechanization and government support are suggested as potential solutions to sustain and revitalize the sector.
JSW Group to invest in cement manufacturing, renewable, thermal power sectors in Assam: Jindal
JSW Group chairman Sajjan Jindal announced plans to invest in Assam's cement manufacturing, renewable, and thermal power sectors. Speaking at the Advantage Assam 2.0 Summit, Jindal highlighted the region's rapid development and strategic importance to India's economy. The group aims to contribute significantly to Assam's growth, including setting up the largest thermal power plant to meet development needs.
APDCL opens online single window clearance system for Solar Rooftop installations
The portal is a platform for providing information pertaining to Installation of Rooftop Solar PV Systems in the state of Assam.
Assam bags award for improved power sector
Assam has received an awarded for its remarkable improvement in the power sector, particularly in the rural areas.
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