NTPC Limited and its subsidiary NTPC Green Energy Ltd (NGEL) have recently entered into agreements worth ₹96,000 crore with the Chhattisgarh government. The agreements were inked during the Chhattisgarh Energy Investors’ Summit-2025 held in Raipur on March 10, 2025.
The major investment of ₹80,000 crore will go towards setting up a 4,200 MW nuclear power plant. Additionally, NTPC will collaborate with the Chhattisgarh State Power Generation Company Ltd (CSPGCL) to develop a 1,200 MW pumped hydro storage project in Sikaser, Gariyaband district, with an investment of ₹5,876 crore.
Furthermore, NGEL and CSPGCL have joined hands to form a joint venture for the establishment of renewable energy projects with a capacity of up to 2 GW in the state. This venture will require an investment of approximately Rs 10,000 crore. These renewable projects will assist CSPGCL in meeting its Renewable Generation Obligation (RGO) and will support the state’s distribution company in fulfilling its Renewable Purchase Obligation (RPO).
The signing of these agreements was witnessed by Chhattisgarh Chief Minister Vishnu Deo Sai, Chief Secretary Amitabh Jain, and other state officials. NTPC was represented by senior executives, including Pradipta Kumar Mishra, Regional Executive Director, and Prasenjit Pal, Executive Director (Nuclear).
