The Asian Development Bank (ADB) has approved a $434.25m loan to enhance renewable energy capacity and fortify energy security in Assam, India.

• Addressing the renewable energy capacity shortage in Assam is crucial to meet growing demand and reduce dependency on fossil fuels, ADB said in a statement on Friday(25 October 2025).
• This project will help Assam develop a renewable energy road map and increase its solar energy capacity to achieve its target of 3,000 megawatts (MW) by 2030, it said.
• The Assam solar project aims to establish a 500MW grid-connected solar photovoltaic (PV) facility in the Karbi Anglong district.
• It will include the development of a grid-connected battery energy storage system, crucial for maintaining grid stability and addressing peak power demands.