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Vedanta Group to invest Rs 80,000 crore in Northeast India for growth and development

Vedanta Group to invest Rs 80,000 crore in Northeast India for growth and development

Time of India23-05-2025
Guwahati:
Vedanta Group
announced an investment of Rs. 80,000 crores in the Northeast region.
The company was participating in the inaugural session of the Rising
Northeast Investors Summit 2025
- a global investment conclave organized by the Ministry of Development of Northeastern Region in New Delhi. The investment will be made in the fields of oil & gas,
critical minerals
, refining facilities, power, optical fibre, system integration, renewable energy, transmission sectors and data centers in six Northeastern states.
Vedanta is undertaking one of the largest exploration and development programs to unlock the hydrocarbons in the Northeast. Earlier this year, the company announced Rs. 50,000 crore investment in Assam at the Advantage Assam 2.0 summit. Today, the hydrocarbons & minerals conglomerate announced additional investments of Rs. 30,000 crores across Arunachal Pradesh, Nagaland, Tripura, Meghalaya and Mizoram, at the Rising Northeast Summit.
The investment will potentially generate up to 1 lakh jobs and enable socio-economic development of the region. Vedanta is also committed to expanding its social impact initiatives such as Nand Ghars (modernized anganwadis that function as holistic centers for woman & child development), handloom skill centers, digital classrooms for women and children, and promoting sports to ensure a brighter, more inclusive future for the youth of the region.
Speaking at the summit Anil Agarwal, Chairman – Vedanta Group, reinforced his company's commitment towards the progress of the region.
'Today, the states of the North-East are growing in double digits. The opportunities are growing even faster. Under the Prime Minister's leadership, this region has become a key engine of growth for Viksit Bharat. The private sector is ready to be a partner for prosperity. Vedanta is fully committed to investment in the region which has the most amazing natural resources potential, from oil and gas to critical minerals and an exceptional pool of talented human resources', said Agarwal.
The Northeast is a land of unparalleled natural abundance, both above and below the ground. Assam, the site of India's first oil discovery, holds nearly 27% of the country's crude reserves. Cairn Oil & Gas has been producing from the Hazarigaon field in Assam, the first DSF (Discovered Small Field) block to go under production in the Northeast.
Cairn has also been supplying gas to the neighbouring Tea estates, giving a boost to tea production in Assam and enabling farmers to switch from expensive coal-based energy sources to clean gas. The locally produced gas from the Hazarigaon field is also a prime contributor in fuelling more than 100 CNG buses in Guwahati, supporting the clean energy initiative of the Government of Assam.
Arunachal Pradesh is home to India's highest graphite reserves, substantial vanadium and Rare Earth deposits, and nearly 40% of the country's hydro power potential. Recently, Vedanta secured vanadium and graphite mineral blocks in Arunachal Pradesh through critical mineral auctions. Once explored, these critical mineral blocks will provide vital raw materials to India's hi-tech manufacturing and clean energy sectors. Nagaland, Tripura, and Meghalaya also have immense natural resources that can be responsibly harnessed for the growth of the region and the country.
Vedanta and its sister entities have also invested in the commissioning of a 300 circuit kilometer transmission system network which allows transfer of 1,000 MW power from Assam to Meghalaya. This project significantly improves power reliability and accessibility in Meghalaya and Assam, supporting the region's industrial, commercial, socio-economic growth and overall quality of life.
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