NTPC Limited has revealed plans to invest Rs 96,000 crore in Chhattisgarh, marking a significant step in the state’s energy landscape. The investment will support a range of clean energy initiatives, including nuclear, pumped hydro, and renewable energy projects based on solar, wind, and hybrid sources.
The announcement was made following the signing of multiple agreements between NTPC and the Chhattisgarh government at the Chhattisgarh Energy Investors Summit-2025 held in Raipur.
The first major agreement is a memorandum of understanding (MoU) between NTPC Ltd. and the Chhattisgarh government to set up a 4,200 MW Nuclear Power Capacity in the state, with an estimated investment of Rs 80,000 crore.
A second MoU was signed between NTPC and Chhattisgarh State Power Generation Company Limited (CSPGCL) for the establishment of a 1,200 MW Pumped Hydro Storage Project in Sikaser, Gariyaband district, with an investment of approximately Rs 5,876 crore.
The third agreement, a Joint Venture Agreement (JVA), was signed between NTPC Green Energy Ltd (NGEL) and CSPGCL to develop renewable energy projects up to 2 GW, with an investment of around Rs 10,000 crore. These projects are aimed at meeting both renewable generation and purchase obligations in the state.
The agreements were signed in the presence of Chhattisgarh Chief Minister Vishnu Deo Sai, Chief Secretary Amitabh Jain, Principal Secretary to the Chief Minister and Energy Subodh Kumar Singh, MD of CSPGCL Sanjiv Kumar Katiyar, and other key state officials.
NTPC, the country’s largest power generation company under the Ministry of Power, continues to lead India’s transition towards sustainable and cleaner energy solutions.
