Odisha raises Rs 903 crore for renewable energy investment

According to an official statement, the Odisha government has approved investment proposals worth Rs 903.41 crore in the renewable energy (RE) sector.

The Department of Energy’s Single Window Committee (SWC), headed by Chief Secretary Vishal Kumar Dev, has approved investment proposals to achieve the state’s renewable energy target of 10 GW by 2030.

The panel approved the proposal of HPCL Renewable & Green Energy Ltd to set up a 48 MW wind power project at Umerkote in Nabarangpur district, while ONGC Tripura Power Company Ltd has received approval to set up a 49.5 MW wind power project at Astaranga in Puri district, a statement said.

The total investment in these two wind power projects is Rs 881.28 crore.

So far, the Department of Energy SWC has approved investment proposals worth a total of Rs 3,723.57 crore and a capacity of 499.48 MW in the sector.