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POLICY AND ECONOMIC REPORT
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support green hydrogen production of a total of 862,000 tonnes per annum. Additionally, tenders have
been awarded for the establishment of electrolyser manufacturing capacity amounting to 3,000 MW per
annum, further bolstering India's capacity to produce green hydrogen at scale.
Renewable Energy to Power Growth Vision for the North East: Shri Pralhad Joshi
Union Minister for New and Renewable Energy, Shri Pralhad Joshi said that the renewable energy sector
will play a pivotal role in powering the growth vision for the North East Region. North East is witnessing
tremendous development under the leadership of Prime Minister Shri Narendra Modi in the last eleven
years. The Minister made these remarks at ‘Ministerial Session on ‘Green Northeast: Advancing
Renewable Energy for Sashakt Bharat’ at the Rising North East Investors Summit 2025.
India’s Ashtalakshmi of Green Power
The Minister noted 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.
These natural advantages, coupled with rising energy demand and strategic cross-border positioning,
make the region central to India's green growth plans.
Describing the Northeast as India’s Ashtalakshmi, he stated, “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.” He also said that North East will play a key role in ensuring
India’s grid stability in the near future under ‘One Nation, One Grid’.
Major Investment Commitments and Industrial Interest
Shri 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 ?38,856 crore has been signed between state governments and private
investors in RE sector. The Minister also highlighted various recent investments from private players
which will bring massive employment and development in North East.
Special Initiatives for North East
To promote clean energy development in the region, the Ministry of New and Renewable Energy
(MNRE) has earmarked 10% of its annual scheme budget exclusively for the North Eastern Region. In
addition to this dedicated allocation, the Ministry is extending enhanced financial assistance to further
encourage investment. This includes a 10% higher Central Financial Assistance (CFA) under the PM Surya
Ghar Muft Bijli Yojana, as well as a 20% higher CFA for Components B and C of the PM-KUSUM scheme.
Shri Joshi shared that a 20 MW solar park has been successfully commissioned in Champhai district of
Mizoram, showcasing the region’s project-readiness. 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. The
Minister also shared that more than 2000 individuals in the region have been trained under various
programmes such as Suryamitra, Varunmitra and Jal Urjamitra.
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