NTPC and Chhattisgarh Government Sign Rs 96,000 Crore Agreements for Nuclear, Hydro, and Renewable Energy Projects

Representational image. Credit: Canva

In a significant step toward advancing sustainable energy solutions and supporting the Government of India’s energy transition and Net Zero goals, NTPC Limited and its subsidiary NTPC Green Energy Ltd (NGEL) have signed multiple agreements valued at Rs 96,000 crore with the Government of Chhattisgarh. These agreements, unveiled at the Chhattisgarh Energy Investors Summit-2025 in Raipur, encompass nuclear, pumped hydro, and renewable energy projects utilizing solar, wind, and hybrid sources in the state.

The first memorandum of understanding (MoU) was signed between NTPC Ltd. and the Government of Chhattisgarh for the establishment of a 4200 MW nuclear power facility in the state, with an estimated investment of Rs. 80,000 crore.

The second MoU, signed between Chhattisgarh State Power Generation Company Limited (CSPGCL) and NTPC, outlines plans for an investment of approximately Rs. 5,876 crore in the development of a 1200 MW pumped hydro storage project in the Sikaser area of Gariyaband district.

The third agreement, a Joint Venture Agreement (JVA) between NGEL and CSPGCL, aims to set up renewable energy projects up to 2 GW in capacity, with an estimated investment of Rs. 10,000 crore. These projects will assist in fulfilling CSPGCL’s Renewable Generation Obligation (RGO) and the Renewable Purchase Obligation (RPO) for Chhattisgarh’s DISCOMs.

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

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

 

  • Related Posts

    Indian Green Energy Stocks Show Mixed Performance As Sensex And Nifty End Higher On June 24

    Professionals analyze rising trends in Indian green energy stocks in a modern office. The Indian stock market ended on a positive note on June 24, 2026, with both benchmark indices…

    Week in South East Asia: Meralco-MGEN Eye 2.5 GW RE Project; Novva Buys 120 MWp Solar Asset; TotalEnergies ENEOS Expands Rooftop Solar and More…

    Representational image. Credit: Canva Meralco PowerGen Corporation (MGEN), Meralco, and Vietnam-based VinEnergo have signed an agreement to explore a 2.5 GW renewable energy project in the Philippines. The proposed development…

    Have You Seen?

    Iran, Oman to Coordinate Hormuz Transits

    • June 24, 2026
    Iran, Oman to Coordinate Hormuz Transits

    Adani Targets 10 GW Nuclear Power Capacity in India by 2035

    • June 24, 2026
    Adani Targets 10 GW Nuclear Power Capacity in India by 2035

    UK Climate Panel Urges Faster Electrification to Lower Energy Bills

    • June 24, 2026
    UK Climate Panel Urges Faster Electrification to Lower Energy Bills

    VLCC Earnings Near $470,000 a Day as Hormuz Hopes Drive Tanker Frenzy

    • June 24, 2026
    VLCC Earnings Near $470,000 a Day as Hormuz Hopes Drive Tanker Frenzy

    Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz

    • June 24, 2026
    Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz

    US CFOs in Survey Say Firms Mostly Absorbed Oil Price Shock

    • June 24, 2026
    US CFOs in Survey Say Firms Mostly Absorbed Oil Price Shock

    Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply

    • June 24, 2026
    Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply

    CarbonX CO2 electrolysis prize fund winner plots scale up timelines

    • June 24, 2026
    CarbonX CO2 electrolysis prize fund winner plots scale up timelines

    ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane

    • June 24, 2026
    ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane

    Analysis: Will Australia become a force in helium?

    • June 24, 2026
    Analysis: Will Australia become a force in helium?