Odisha Approves ₹903 Crore Investment Proposal in Renewable Energy Sector

The Odisha government has given the green light to investment proposals totaling Rs 903.41 crore in the renewable energy (RE) sector, as per an official statement released on Thursday.

Led by Principal Secretary Vishal Kumar Dev, the Energy Department's Single Window Committee (SWC) approved these proposals with the objective of achieving Odisha's renewable energy target of 10 GW by 2030.

HPCL Renewable & Green Energy Ltd has been granted approval to establish a 48-MW wind energy project in Umerkote, Nabarangpur district. Similarly, ONGC Tripura Power Company Ltd has received clearance to develop a 49.5-MW wind energy project in Astaranga, Puri district, according to the statement.

The combined investment for these two wind energy ventures amounts to Rs 881.28 crore.

To date, the SWC of the Energy Department has sanctioned investment proposals totaling Rs 3,723.57 crore, aimed at creating a total capacity of 499.48 MW in the renewable energy sector.

BS