Energy Investors Summit: Chhattisgarh gets investment proposals of Rs. 3,00,000 crore (US$ 34.36 billion)

The Chhattisgarh government has received investment proposals exceeding Rs. 3,00,000 crore (US$ 34.36 billion) in the energy sector during an investors' summit held on Monday, officials confirmed. These investments, spanning nuclear, thermal, solar, and pumped storage power projects, aim to enhance the state's energy infrastructure, ensuring affordable and uninterrupted electricity for industries and the public. Major corporations, including Adani Power, Jindal Power, and National Thermal Power Corporation (NTPC), announced their investment plans at the ‘Chhattisgarh Energy Investors Summit 2025’. 

Chief Minister of Chhattisgarh, Mr. Vishnu Deo Sai, stated that these investments would significantly boost the state's power generation capacity and support a sustainable, green future by promoting renewable energy. Chhattisgarh aims to become self-sufficient in energy and position itself as a key energy hub in India. Of the total Rs. 3,01,086 crore (US$ 34.48 billion) investment proposals, Rs. 1,07,840 crore (US$ 12.35 billion) is allocated to the thermal power sector, with private investors contributing Rs. 66,720 crore (US$ 7.64 billion). Adani Power is leading with projects worth Rs. 18,000 crore (US$ 2.06 billion) in Korba, Rs. 15,000 crore (US$ 1.72 billion) each in Raigarh and Raipur, and Rs. 620 crore (US$ 71.00 million) for another plant in Korba. NTPC has committed Rs. 80,000 crore (US$ 9.16 billion) for a 4200 MW nuclear power project, marking the state's nuclear energy debut. Additionally, Jindal Power and NTPC Green will invest Rs. 10,000 crore (US$ 1.15 billion) to generate 2500 MW of solar power, while Rs. 4,100 crore (US$ 469.54 million) under the PM Kusum Yojana will support 675 MW of solar power and install 20,000 solar pumps for farmers. These developments will strengthen Chhattisgarh’s economy, benefiting industries, farmers, and the general public. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.