NHPC Ltd Plans ₹84,000 Crore Investment in Pumped Storage, Eyes Green Energy Arm Listing

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Ltd is set to invest ₹84,000 crore in developing 20GW of pumped storage capacity through joint ventures. The company also plans to list its renewable energy subsidiary, NHPC Renewable Energy Ltd (NREL), within two years. Additionally, NHPC is advancing green hydrogen projects and targets 22GW hydropower capacity by FY2034.