Shimla, 10 March. News views post – In a major boost to India’s renewable energy infrastructure, SJVN has inked a Memorandum of Understanding (MoU) with the Government of Chhattisgarh and Chhattisgarh State Power Generation Company Limited (CSPGCL) for the development of the 1800 MW Kotpali Pumped Storage Project (PSP).
The MoU signing ceremony took place in the esteemed presence of Chhattisgarh Chief Minister Vishnu Deo Sai. The agreement was formally signed by Sushil Kumar Sharma, Director (Projects), SJVN; Subodh Kumar Singh, Principal Secretary, Energy Department of Chhattisgarh; and Sanjeev Kumar Katiyar, Managing Director, CSPGCL. Several senior officials from SJVN and the state government also attended the event.
A Game-Changer for Chhattisgarh’s Energy Landscape
The Kotpali PSP, a closed-loop off-stream pumped storage project, is strategically located in Balrampur district. With a massive installed capacity of 1800 MW, the project is expected to generate approximately 3967 million units of electricity annually. This initiative aligns with India’s ambitious energy transition goals and will play a crucial role in stabilizing the power supply in the region.
The ₹9500 crore project is set to create approximately 5000 direct and indirect employment opportunities during its construction and development phases. Besides strengthening Chhattisgarh’s renewable energy infrastructure, the project is expected to attract investments, boost economic growth, and enhance job creation in the region.
Pumped Storage – The Future of Energy Stability
Pumped storage projects are crucial for integrating renewable energy sources into the grid. With the growing penetration of solar and wind power, PSPs provide much-needed stability by storing surplus energy during off-peak hours and supplying it during peak demand. The Kotpali PSP is set to become a significant contributor to India’s clean energy ambitions and grid reliability.
This MoU reinforces SJVN’s commitment to expanding its green energy portfolio and supporting India’s mission to achieve net-zero emissions. As India continues to scale up its renewable energy capacity, such initiatives will be key to ensuring a stable and sustainable power ecosystem.
