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Export: NER ideal for cross-border power trade

Fiinews by Fiinews
May 24, 2025
in Exports
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Minister Joshi addresses Rising North East Investors Summit.

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North East possesses 129+ GW potential hydro projects

The North East Region (NER) is ideal hub for cross-border electricity trade in the future with Myanmar, Bangladesh and Bhutan, Minister for New and Renewable Energy Pralhad Joshi said on 23 May in New Delhi.

Addressing a Ministerial Session on ‘Green Northeast: Advancing Renewable Energy for Sashakt Bharat’ at the Rising North East Investors Summit 2025, Joshi shared that a 20 MW solar park has been successfully commissioned in Champhai district of Mizoram, showcasing the region’s project-readiness https://www.opec.org/opec_web/en/.

He also mentioned that a 25 MW green hydrogen plant is under development in Assam, which also hosts India’s first pure green hydrogen plant.

He also noted the growing global movement toward carbon neutrality and green certification, stating that investments in renewable energy will equip the region and the nation to meet emerging international standards such as the EU’s Carbon Border Adjustment Mechanism https://www.conexpoconagg.com/.

Joshi informed that during recent investor engagements, major Indian conglomerates expressed significant interest in the region’s renewable energy potential.

A total of 115 Memoranda of Understanding (MoUs) worth Rs.38,856 crore has been signed between state governments and private investors in RE sector https://fieo.org/.

Joshi urged industry leaders and innovators to look east and participate in the transformation of the North East and utilise its potential.

He assured investors of comprehensive government support through single-window clearances, capital subsidies, and dedicated solar park development.

“The time to invest is now. Not just for returns, but for impact, for a cleaner tomorrow and a self-reliant India,” the Minister said.

The Minister pointed out that the North East possesses vast untapped renewable energy resources, including over 129 GW potential from large hydro projects and more than 18 GW from pumped storage plants https://ted.europa.eu/en/.

These natural advantages, coupled with rising energy demand and strategic cross-border positioning, make the region central to India’s green growth plans.

“By turning the North East’s natural resources into wealth through green power, we are in effect making each state a Lakshmi of clean energy contributing to India’s prosperity.” fiinews.com

Tags: MNRE
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