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NTPC Group to Invest Rs 96,000 Crore in Chhattisgarh

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New Delhi (BharatNeeti Correspondent): Power giant NTPC Limited along with its subsidiary NTPC Green Energy Ltd (NGEL) today signed multiple agreements worth Rs 96,000 crore with the Government of Chhattisgarh at Chhattisgarh Energy Investors Summit-2025 held at Raipur.

The agreements include Nuclear, Pump Hydro and Renewable projects based on Solar/Wind/Hybrid sources in the state.

The first MOU was signed between NTPC Ltd. & Govt. of Chhattisgarh for setting up of 4200 MW Nuclear Capacity in Chhattisgarh at an estimated investment of Rs 80,000 crores.

While the second MoU was signed between Chhattisgarh State Power Generation Company Limited (CSPGCL) & NTPC, pertaining to an intent to invest approx Rs 5876 crores in setting up 1200 MW of Pumped Hydro Storage Project at Sikaser in Gariyaband district of the state.

The third Joint Venture Agreement (JVA) was signed between NGEL and CSPGCL for setting up Renewable Energy projects up to 2 GW in the state, at an investment of about Rs 10,000 crore which will help in meeting Renewable Generation Obligation (RGO) of CSPGCL as well as Renewable Purchase Obligation (RPO) of Chhattisgarh DISCOM.

The agreements were signed in the presence of the Hon’ble Chief Minister of Chhattisgarh, Vishnu Deo Sai, Chief Secretary Shri Amitabh Jain, Principal Secretary to Chief Minister and Energy Subodh Kumar Singh; MD CSPGCL Shri Sanjiv Kumar Katiyar & other state officials.

Team NTPC was represented by RED WR- II & Ash NI Pradipta Kumar Mishra; ED (Nuclear) Prasenjit Pal, GM Hydro Shri J C Kakoti and AGM (NGEL) Shri Bimal Gopalachari.

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