SJVN signs MoU with Government of Chhattisgarh for development of 1800 MW Kotpali PSP
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SJVN has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh and Chhattisgarh State Power Generation Company Limited for the development of an 1800 MW Pumped Storage Project (PSP) at Kotpali in the state of Chhattisgarh.
With increasing renewable energy sources like solar and wind, PSPs play a pivotal role in ensuring uninterrupted power supply by storing excess energy during non-peak hours and discharging it during peak demand. This significant initiative will not only boost the renewable energy capacity of the region but also provide a major boost to employment, investment, and overall economic development in Chhattisgarh.
Total investment for the project is estimated at ₹9500 Crore, with direct and indirect employment benefits expected for 5000 people during its development phase.
The Kotpali PSP is an off-stream closed loop type PSP in Balrampur District of Chhattisgarh with an installed capacity of 1800 MW designed to generate energy around 3967 MU.
