Odisha Approves Renewable Energy Projects Worth ₹4.11 Billion

The Odisha Government has approved two major projects in the renewable energy sector, with a combined investment of ₹4.11 billion (~$49.1 million).

These projects were recently approved at the 130th State Level Single Window Clearance Authority (SLSWCA) meeting.

The approved investments in renewable energy will contribute significantly to the state’s green energy goals. These investments are expected to generate 19,364 jobs across 14 districts.

The details for the two renewable energy projects approved are:

Approval for these projects aligns with the state’s commitment to sustainable development and achieving a 10 GW renewable energy capacity by 2030.

Overall, 26 projects were approved, with a collective investment of ₹59.93 billion (~$717 million).

The other investments are made across diverse sectors, including steel, chemicals, textiles, manufacturing, packaging, food processing, IT, infrastructure, and tourism.

In February, the state government approved a proposal by Kolkata-headquartered solar cell and module manufacturer Jupiter International for setting up a 1.2 GW solar cell manufacturing facility in Khurda.

The facility will manufacture TopCon solar cells exclusively. Commissioning of the plant is expected by March 2025.

Jupiter’s ₹2.5 billion (~$30.2 million) solar cell project was among the 27 industrial projects SLSWCA approved.

In the same month, Grid Corporation of Odisha invited bids to source land from land owners and aggregators for either lease or sale to project developers for setting up solar power projects.

Mercom earlier reported on how large industries in Odisha are mandated to fulfill Renewable Purchase Obligations owing to the captive thermal plants used to run their facilities. This regulatory necessity positions Odisha as a promising market for solar open access.


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