Tue. Oct 1st, 2024

Odisha Approves Rs 4,671 Crore for 749.9 MW Renewable Power Projects

By Prasanta Patnaik Oct 1, 2024 #Featured
Odisha Approves Rs 4,671 Crore for 749.9 MW Renewable Power Projects _AMF NEWSOdisha Approves Rs 4,671 Crore for 749.9 MW Renewable Power Projects _AMF NEWS
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In a significant push towards achieving a sustainable energy future, the Single Window Committee (SWC) of Odisha’s Energy Department has granted in-principle approval for investment proposals worth Rs 4,671.81 crore in the renewable energy sector. The decision was made during the SWC’s 7th meeting, chaired by Hemant Sharma, Principal Secretary of the Energy Department. 

Details of Approved Projects 

The approved projects, totaling 749.9 MW of renewable energy, include: 

  • 600 MW Pumped Storage Plant (PSP) by Odisha Hydro Power Corporation (OHPC) in Kalahandi District. 
  • 148.5 MW Wind Power Projects by ONGC Tripura Power Company Ltd (OTPCL) across Nabarangpur, Khurda, and Jagatsinghpur districts. 
  • 1.4 MW Rooftop Solar Project in Patia, Bhubaneswar. 

These projects are part of Odisha’s ongoing efforts to bolster the development of green energy infrastructure, crucial for reducing carbon emissions and promoting sustainable growth. 

Odisha’s Commitment to Renewable Energy 

The state government, through its Energy Department and GRIDCO (Odisha’s nodal agency for renewable energy development), remains committed to advancing the renewable energy sector. To date, the SWC has approved investment proposals worth Rs 8,395.38 crore, facilitating a total capacity of 1,249.38 MW. 

These projects are vital for the state’s goal of achieving a 10 GW Renewable Energy (RE) target by 2030. Odisha’s focus on renewable energy not only enhances the state’s green energy portfolio but also aligns with global efforts to combat climate change by reducing dependency on fossil fuels. 

Paving the Way for a Sustainable Future 

Odisha’s investment in transformative renewable energy projects marks a significant step toward its long-term environmental goals. The state’s proactive approach will drive clean energy growth, enhance energy security, and create new job opportunities, while contributing to the nation’s overall energy transition. 

By prioritizing sustainable development, Odisha aims to position itself as a leader in green energy, ensuring a cleaner and greener future for generations to come. 

 

By Prasanta Patnaik

Prasanta Patnaik is one of the senior-most media personalities of Odisha. He is also one of the first founder members of the Associated Media Foundation.

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