State-owned SJVN Ltd has inked an initial pact to develop a 1,800GW pumped hydro storage project (PSP) entailing an investment of Rs 9,500 crore at Kotpali in Chhattisgarh. SJVN has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh and Chhattisgarh State Power Generation Company Limited (CSPGCL) for the development of 1800 MW Pumped Storage Project (PSP) at Kotpali, a statement said. The project has direct and indirect employment potential for 5,000 people during the development phase. The Kotpali PSP is an off-stream closed loop type PSP in Balrampur District of Chhattisgarh with an installed capacity of 1,800 MW designed to generate energy of around 3,967 MU (million units).
SJVN inks initial pact to develop 1800MW pumped hydro storage project in Chhattisgarh
