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NHPC eyes ₹80k cr investment

February 17, 2025

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Mint Kolkata

NHPC is working on 20 PSPs, in 12 of which it has completed the pre-feasibility report, according to the CMD

- Rituraj Baruah

India's largest hydropower generation firm, state-run NHPC Ltd, plans to invest around ₹84,000 crore to set up 20 gigawatts (GW) of pumped storage capacity, which would require an overall capex of about ₹1.2 trillion, primarily through joint ventures.

In an interview with Mint, NHPC chairman and managing director Raj Kumar Chaudhary also said that the company is considering listing its renewable energy arm, NHPC Renewable Energy Ltd (NREL), in the next two years.

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