Bhubaneswar: Odisha’s Single Window Committee (SWC) on Thursday approved investment proposals on renewable energy worth Rs 903.41 crore.
In its sixth meeting, chaired by Vishal Kumar Dev, Principal Secretary, Energy Department, the SWC approved the investments in the renewable energy sector, covering two major wind energy projects and several solar power initiatives.
The investment aims at establishing transformative green energy projects, reinforcing the state’s commitment towards meeting its renewable target of 10 GW by 2030.
The SWC approved the proposal of HPCL Renewable & Green Energy Limited to set up a 48 MW wind energy project in Umerkote of Nabarangpur district. Similarly, ONGC Tripura Power Company Limited will develop a 49.5 MW wind energy project in Astaranga in Puri district. The total investment for these wind energy projects stands at Rs 881.28 crore.
While Visaka Industries Limited proposed to implement a 0.72 MW solar project in Maneswar of Sambalpur district, ITC will establish a 0.8 MW solar project in Jatni of Khordha district, AMP Energy will develop a 2.2 MW solar project in Kansbahal of Sundargarh district and Odisha Television Limited will set up a 1 MW solar project in Sarua of Khurda district. The total investment for these solar power projects stands at Rs 22.13 crore.
These approved projects, with a combined capacity of 102.22 MW, mark a significant advancement in Odisha’s renewable energy landscape.
The SWC has approved investment proposals of Rs 3723.57 crore with 499.48 MW capacity in renewable energy under the Odisha Renewable Energy Policy, 2022 till date.