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.

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