+
Vedanta To Invest Rs 300 Billion Across Northeast
ECONOMY & POLICY

Vedanta To Invest Rs 300 Billion Across Northeast

Vedanta Group on Friday announced an investment of Rs 300 billion across six Northeastern states—Arunachal Pradesh, Nagaland, Tripura, Meghalaya, Mizoram, and Assam. The funds will be directed towards oil and gas, critical minerals, refining, power, fibre optics, renewable energy, transmission infrastructure, system integration, and data centres.

This follows Vedanta’s earlier pledge of Rs 500 billion in Assam alone. The latest announcement was made during the Rising North East Investors Summit.

The group’s exploration and development programme is among the largest in the region, aimed at unlocking hydrocarbon potential. The initiative is expected to generate up to 100,000 jobs and foster socio-economic development.

Vedanta also plans to expand its social outreach with Nand Ghars (modernised anganwadis), digital classrooms, handloom skill centres, and youth sports programmes to build an inclusive future.

“Northeastern states are now growing at double-digit rates, with immense opportunities under the leadership of the Prime Minister. Vedanta is fully committed to realising the potential of this richly endowed region,” said Anil Agarwal, Chairman, Vedanta Group.

Assam holds 27 per cent of India’s crude reserves. Cairn Oil & Gas, a Vedanta subsidiary, is already producing from the Hazarigaon field, the first Discovered Small Field (DSF) to go live in the region.

Arunachal Pradesh, with India’s highest graphite reserves and substantial vanadium and rare earth deposits, has seen Vedanta acquire critical mineral blocks through auctions. The state also holds nearly 40 per cent of India’s hydroelectric potential.

The group has further invested in a 300-circuit kilometre transmission project enabling 1,000 MW of power transfer from Assam to Meghalaya, enhancing reliability and economic potential in the region.

Vedanta Group on Friday announced an investment of Rs 300 billion across six Northeastern states—Arunachal Pradesh, Nagaland, Tripura, Meghalaya, Mizoram, and Assam. The funds will be directed towards oil and gas, critical minerals, refining, power, fibre optics, renewable energy, transmission infrastructure, system integration, and data centres.This follows Vedanta’s earlier pledge of Rs 500 billion in Assam alone. The latest announcement was made during the Rising North East Investors Summit.The group’s exploration and development programme is among the largest in the region, aimed at unlocking hydrocarbon potential. The initiative is expected to generate up to 100,000 jobs and foster socio-economic development.Vedanta also plans to expand its social outreach with Nand Ghars (modernised anganwadis), digital classrooms, handloom skill centres, and youth sports programmes to build an inclusive future.“Northeastern states are now growing at double-digit rates, with immense opportunities under the leadership of the Prime Minister. Vedanta is fully committed to realising the potential of this richly endowed region,” said Anil Agarwal, Chairman, Vedanta Group.Assam holds 27 per cent of India’s crude reserves. Cairn Oil & Gas, a Vedanta subsidiary, is already producing from the Hazarigaon field, the first Discovered Small Field (DSF) to go live in the region.Arunachal Pradesh, with India’s highest graphite reserves and substantial vanadium and rare earth deposits, has seen Vedanta acquire critical mineral blocks through auctions. The state also holds nearly 40 per cent of India’s hydroelectric potential.The group has further invested in a 300-circuit kilometre transmission project enabling 1,000 MW of power transfer from Assam to Meghalaya, enhancing reliability and economic potential in the region.

Next Story
Real Estate

Manglam, Fern Hotels Sign 200+ Key Apart’otel in Jaipur’s Pinkwalk

Manglam Group has signed a 200+ key serviced apart’otel under the Fern Habitat brand in Jaipur, marking a key milestone in its Rs 10 billion hospitality investment strategy. Located within Pinkwalk, Manglam’s flagship mixed-use development in Jagatpura, the project will cater to both short and extended-stay travellers with apartment-style units paired with hotel services. The Fern Habitat Pinkwalk will offer fully serviced accommodations with kitchenettes, daily housekeeping, and on-site dining. The concept blends the independence of apartment living with the comfort of hotel-grade am..

Next Story
Real Estate

Schon Doorways Launches Monsoon-Ready Aluminium Casement Windows

Schon Doorways, a premium player in doors and window solutions, has launched its new range of aluminium casement and sliding windows, designed specifically to endure the Indian monsoon. Engineered with high-performance tempered glass and ultra-slim aluminium profiles, the windows combine aesthetic appeal with monsoon resilience. Available in single and double track options, the windows offer anti-collision strips, flyscreens, and high load-bearing strength—providing protection against heavy rains, strong winds, and pests. Wall thickness ranges from 1.6 mm to 5.00 mm, offering flexibilit..

Next Story
Resources

LG Charts Global HVAC Leadership With AI, Acquisitions and Localisation

LG Electronics has unveiled a strategic roadmap to transform its ES Company into a top-tier global HVAC solutions provider by 2030, targeting KRW 20 trillion in revenue. The plan, announced at LG Sciencepark, South Korea, focuses on expanding B2B industrial sales, advancing AI-based technologies for data centres, and strengthening localised operations across key regions. Central to LG’s roadmap is growth in the fast-expanding data centre cooling segment. With the global chiller market projected to reach USD 12 billion by 2027, LG aims for KRW 1 trillion in sales by 2027. The company has..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?