NTPC Group to Invest Rs 96,000 Crore in Chhattisgarh
1 min read
NTPC Limited along with its subsidiary NTPC Green Energy Ltd (NGEL) today signed multiple agreements worth Rs 96,000 crore with the Govt. of Chhattisgarh at the 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. and the government of Chhattisgarh to establish a 4200 MW Nuclear Capacity in the state at an estimated investment of Rs. 80,000 Crores. The second MoU was signed between Chhattisgarh State Power Generation Company Limited and NTPC to establish a 1200 MW Pumped Hydro Storage Project at Sikaser in the Gariyaband district of the state, with an intent to invest approximately Rs 5876 crores.
The third Joint Venture Agreement was signed between NTPC Green Energy Ltd and Chhattisgarh State Power Generation Company Limited to set up Renewable Energy projects up to 2 GW in the state, at an approximate investment of Rs 10,000 Crore.