Odisha Approves Rs. 903.41 Crore for Green Energy Projects, Bolstering Renewable Energy Goals

Bhubaneswar: In a significant move towards a sustainable energy future, the Single Window Committee (SWC) of the Energy Department has approved investment proposals worth Rs. 903.41 crore. This substantial investment aims to establish transformative green energy projects, reinforcing the state’s commitment to meeting its Renewable Energy (RE) target of 10 GW by 2030.

The 6th meeting of the SWC, chaired by Vishal Kumar Dev, Principal Secretary of the Energy Department, sanctioned significant investments in the Renewable Energy sector, covering two major wind energy projects and several solar power initiatives.

HPCL Renewable & Green Energy Limited will set up a 48 MW wind energy project in Umerkote, Nawarangpur district, while ONGC Tripura Power Company Limited will develop a 49.5 MW wind energy project in Astaranga, Puri district. The total investment for these wind energy projects stands at Rs. 881.28 crore.

Additionally, several solar power projects received approval:

• Visaka Industries Limited will implement a 0.72 MW solar project in Maneswar, Sambalpur district.
• ITC will establish a 0.8 MW solar project in Jatni, Khordha district.
• AMP Energy will develop a 2.2 MW solar project in Kansbahal, Sundergarh district.
• Odisha Television Limited will set up a 1 MW solar project in Sarua, Khordha district.

The total investment for these solar power projects stands at Rs. 22.13 crore.

These approved projects, with a combined capacity of 102.22 MW, mark a significant advancement in Odisha’s renewable energy landscape. The state government is resolute in its efforts to promote green energy. The Energy Department of the Government of Odisha is focused on promoting sustainable and renewable energy within the state through GRIDCO, the state-designated Nodal Agency.

To date, the SWC of the Energy Department has approved investment proposals totaling Rs. 3723.57 crore with a capacity of 499.48 MW in the Renewable Energy Sector under the Odisha Renewable Energy Policy, 2022.