SJVN has signed a MoU with Govt of Chhattisgarh and Chhattisgarh State Power Generation Company Limited for development of 1800 MW Kotpali Pumped Storage Project (PSP) in Chhattisgarh.
The MoU signing ceremony was held in the esteemed presence of Hon’ble Chief Minister of Chhattisgarh, Sh. Vishnu Deo Sai. The MoU was signed by Sh. Sushil Kumar Sharma, Director (Projects) SJVN, Sh. Subodh Kumar Singh, Principal Secretary, Energy Department of Chhattisgarh and Sh. Sanjeev Kumar Katiyar, Managing Director of CSPGCL. On this occasion, senior officials from SJVN and Government of Chhattisgarh were also present.
The Kotpali PSP is an off-stream closed-loop type pumped storage project located in Balrampur District, Chhattisgarh. With an installed capacity of 1800 MW, the project is expected to generate approximately 3967 million units of electricity annually. Once operational, it will contribute significantly to India’s energy transition goals while ensuring a stable and resilient power supply.
The Project entails an investment of ₹9500 crore and is anticipated to generate direct and indirect employment opportunities for around 5000 people during construction and development phases. In addition to reinforcing renewable energy infrastructure of Chhattisgarh, it will also drive economic growth, attract investments and create direct and indirect job opportunities in the region.
Pumped Storage Projects are critical for balancing renewable energy integration into the grid. With the growing share of solar and wind energy, PSPs help maintain grid stability by storing surplus power during off-peak hours and discharging it during peak demand.