
NTPC Group to Invest Rs. 96,000 Crore in Chhattisgarh's Nuclear, Pump Hydro and Renewable Projects
NTPC Limited and its subsidiary NTPC Green Energy Ltd (NGEL) have signed multiple agreements worth Rs. 96,000 crore with the Govt. of Chhattisgarh at Chhattisgarh Energy Investors Summit-2025. The agreements include Nuclear, Pump Hydro and Renewable projects based on Solar/Wind/Hybrid sources in the state. The first MOU is for setting up 4200 MW Nuclear Capacity in Chhattisgarh at an estimated investment of Rs. 80,000 Crores. The second MoU is for setting up 1200 MW of Pumped Hydro Storage Project at Sikaser in Gariyaband district of the state, with an investment of approx Rs 5876 crores. The third Joint Venture Agreement (JVA) is for setting up Renewable Energy projects up to 2 GW in the state, at an approx investment of Rs 10,000 Crore. These agreements will help in meeting Renewable Generation Obligation (RGO) of CSPGCL as well as Renewable Purchase Obligation (RPO) of Chhattisgarh DISCOM.
Key Highlights
- NTPC Group to invest Rs. 96,000 crore in Chhattisgarh
- Includes Nuclear, Pump Hydro and Renewable projects
- 1st MOU for 4200 MW Nuclear Capacity with Rs. 80,000 Crores investment
- 2nd MoU for 1200 MW Pumped Hydro Storage Project with Rs 5876 crores investment
- 3rd Joint Venture Agreement for 2 GW Renewable Energy projects with Rs 10,000 Crore investment