NHPC has inked an agreement with Gujarat Power Corporation Limited, Government of Gujarat for investment in the proposed 750 MW Kuppa Pumped Hydro Storage Project.

According to the MoU, NHPC will invest an estimated Rs. 4000 crore in the proposed project, situated at Chhota Udaipur, Gujarat.

NHPC and the Government of Gujarat plan to develop and utilize pumped hydro storage projects as an effective solution for energy storage.

The implementation of this project will create significant employment opportunities and boost the local economy.

The agreement was signed by Managing Director, GPCL, Government of Gujarat, Arun Mahesh Babu and Executive Director, Renewable Energy and Green Hydrogen, NHPC, V R Srivastava; in the august presence of Chief Minister of Gujarat, Bhupendra Patel and Energy Minister, Government of Gujarat, Kanubhai Desai.