SJVN Signs MOU for 1800 MW Kotapali PSP in Chhattisgarh

SJVN Limited has executed a Memorandum of Understanding (MOU) for the 1800 MW Kotapali Pumped Storage Project (PSP) development in Chhattisgarh. The visionary project is among SJVN's strategic growth ventures in renewable power and energy production. The aggregate investment for Kotapali PSP stands at ₹95 billion, representing a key commitment to increasing India's power infrastructure. The project intends to supply a dependable and efficient source of energy, using pumped storage technology to maximize energy storage and availability in peak demand periods. The project is consistent with India's vision for renewable energy and will assist in carbon emissions reduction while achieving energy security. The Kotapali PSP is anticipated to become a vital balancing resource and enabler for integrating intermittent renewable sources of energy.

Source: Energy Sector News