SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh and Chhattisgarh State Power Generation Company Limited (CSPGCL) for the development of an 1800 MW Pumped Storage Project (PSP) at Kotpali in Chhattisgarh.

Strategic Importance of the Project

The Kotpali PSP, to be located in Balrampur District, Chhattisgarh, is a closed-loop, off-stream pumped storage project that will help stabilize renewable energy supply by storing excess energy during non-peak hours and releasing it during peak demand.

• The project is designed to generate approximately 3967 Million Units (MU) of electricity annually.
• This initiative aligns with India’s commitment to renewable energy transition, ensuring energy security and reducing reliance on fossil fuels.
• PSPs play a crucial role in maintaining grid stability as India expands its solar and wind energy capacity.

Investment and Economic Impact

The Kotpali PSP project will involve an estimated investment of ₹9500 crore, marking a significant boost to Chhattisgarh’s energy infrastructure and economic growth.

• Employment Generation: The project is expected to create 5000 direct and indirect jobs during its development phase.
• Industrial Growth: The initiative will attract investment, drive infrastructure development, and contribute to Chhattisgarh’s economic expansion.
• Sustainable Development: As a renewable energy storage solution, the project will enhance energy efficiency and reliability in the region.

Signing Ceremony and Key Officials Involved

The MoU was signed by:

• Shri Sushil Kumar Sharma, Director (Projects), SJVN
• Shri Subodh Kumar Singh, Principal Secretary, Energy Department, Chhattisgarh
• Shri Sanjeev Kumar Katiyar, Managing Director, CSPGCL

The signing event was attended by key dignitaries, including:

• Shri Vishnu Dev Sai, Hon’ble Chief Minister of Chhattisgarh
• Shri Lakhan Lal Dewangan, Hon’ble Minister of Commerce & Industry, Chhattisgarh
• Senior officials from SJVN and the Chhattisgarh Government

The 1800 MW Kotpali PSP project marks a major milestone in India’s energy sector, reinforcing SJVN’s commitment to renewable energy development. With a ₹9500 crore investment, the project will strengthen energy security, generate employment, and support Chhattisgarh’s economic growth. The MoU sets the stage for sustainable power infrastructure, positioning India as a leader in clean energy solutions.

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