Bhubaneswar: Odisha’s Single Window Committee (SWC) has accorded in-principle approval to investment proposals worth over Rs 4,671 crore in renewable energy sector.
The proposals were approved in 7th meeting of the SWC of the Energy department, chaired by Hemant Sharma, Principal Secretary, Energy Department, on Monday.
The proposals included 749.5 MW of RE Projects consisting of a 600 MW Pumped Storage Plant (PSP) by OHPC in Kalahandi district, 3 Wind Power projects totalling 148.5 MW by ONGC Tripura Power Company Ltd (OTPCL) in Nabarangpur, Khurda and Jagatsinghpur districts and a 1.4MW Rooftop Solar project in Patia, Bhubaneswar. The total investment of the projects has been estimated at Rs 4671.81 crore.
The SWC has accorded in-principle approval for investment proposals worth Rs 8395.38 crore for a total capacity of 1,249.38 MW in the renewable energy sector till date.
These investments aim at facilitating development of transformative green energy projects, reinforcing Odisha’s commitment to meet its Renewable Energy target of 10 GW by 2030. This is part of the government’s commitment to accelerate development of RE projects through the Energy department and its nodal agency GRIDCO.
