NHPC Limited has inked a MoU with GPCL for proposed investment of Rs.4,000 crore in Kuppa Pumped Storage Project (750 MW), Chhota Udaipur, Gujarat with proposed year for commencement of investment as 2024-25.

The MoU outlines a proposed investment of Rs. 4,000 crore in the Kuppa Pumped Storage Project, a 750 MW initiative located in Chhota Udaipur, Gujarat.

The investment is slated to commence in the fiscal year 2024-25, marking a collaborative effort between NHPC Limited and GPCL to contribute to the growth of renewable energy infrastructure in the region.

NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian public sector hydropower company that was incorporated in 1975 to plan, promote and organise an integrated and efficient development of hydroelectric power.

Recently it has expanded to include other sources of energy like solar, geothermal, tidal, and wind.