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Odisha clears Rs 11.92 bn investment for 150 MW RE projects

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The State Level Single Window Clearance Authority (SLSWCA) of Odisha has approved investment proposals worth Rs 11.92 billion for renewable energy development. The approved projects will add a cumulative capacity of 149.97 MW in the state. These include two wind power projects with a total capacity of 95.7 MW and two solar power projects with a combined capacity of 53.97 MW. In addition, a 0.6 MWh battery energy storage system (BESS) will also be set…

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Greenko’s new pumped storage projects in Assam, MP, Odisha

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Greenko Energies Private Limited has signed a Memorandum of Understanding (MoU) with the Government of Assam to develop a 900 MW pumped storage project (PSP) in Karbi Anglong district. The project will require an estimated investment of Rs 58.5 billion. Separately, Greenko signed an MoU with the Madhya Pradesh government to develop multiple new PSPs in the state. In Odisha, Greenko signed an MoU in January 2025 to develop a 1,200 MW off-stream closed-loop pumped…

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West Bengal, Odisha, Uttar Pradesh, Rajasthan outline power sector plans in state budgets

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The Government of West Bengal has allocated Rs 41,410 million for the Department of Power in the State Budget 2025-2026. A sum of Rs 816 million has been proposed for the Non-Conventional & Renewable Energy Sources department. Plans include the installation of static meters for 726,000 consumers, expansion of e-vehicle charging infrastructure at 187 locations, and a 125 MW ground-mounted solar power project in Goaltore, Paschim Medinipur. The government is also undertaking a 150 MW…

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Odisha signs MoUs with six firms for renewable energy projects

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  Odisha has secured investment proposals worth Rs 4,330 billion in the renewable energy sector during the ‘Utkarsh Odisha – Make in Odisha Conclave 2025.’ On the second day of the event, the Sectoral Session on ‘Renewable Energy for Viksit Odisha’ resulted in significant Memorandums of Understanding (MoUs) to strengthen the state’s clean energy infrastructure. Six firms—Mahanadi Coalfields Limited (MCL), NLC India Limited, Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), ONGC Tripura…

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Avaada to invest Rs 207 billion in renewable energy projects in Odisha

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Avaada Group has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 207 billion in renewable energy projects.  The investment will support the development of 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects (PSP), and green energy equipment manufacturing units.  The agreement was formalized at the Make in Odisha Conclave 2025, attended by Chief Minister Mohan Charan Majhi. The event, inaugurated by Prime Minister Narendra Modi, aims…

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JSW Energy fully operationalizes 700 MW Utkal thermal power plant

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JSW Energy Limited, through its wholly owned subsidiary, has commenced operations of Unit-2 (350 MW) at the Utkal thermal power plant in Odisha. Both units, with a combined capacity of 700 MW, were restored and made fully operational within two years of acquisition.  The plant operates on domestic coal but does not currently have long-term power purchase agreements.

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Odisha approves Rs 447.93 billion investments

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The Odisha government has approved five industrial projects worth Rs 447.93 billion. This includes: Indian Strategic Petroleum Reserves Limited (Rs 87.43 billion) Project: Crude Oil Storage facilities Jobs: 5,130 Location: Jajpur Inox Solar Limited (Rs 40 billion) Project: Manufacturing facility of solar modules & photovoltaic cells Jobs: 3,400 Location: Dhenkanal ACME Cleantech Solutions Pvt. Ltd. (Rs 40.5 billion) Project: Integrated manufacturing plant for Mushroom Root Fermentative Protein Jobs: 3,475 Location: Cuttack Tata Steel Limited (Rs…

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Odisha approves 7 renewable energy projects worth Rs 13.86 billion

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The Odisha government has approved seven renewable energy projects with a combined investment of Rs 13.86 billion to enhance the state’s sustainable energy infrastructure.  The projects, totaling 192.41 MW in capacity, include a 99 MW wind power project, five ground-mounted solar projects totaling 91.77 MW, and a 1.64 MW rooftop solar project.  These initiatives align with the Odisha Renewable Energy Policy 2022, which aims to leverage the state’s natural resources for clean energy generation.

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Odisha Approves Rs 92 Billion Investment in Solar Manufacturing Facilities

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The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an investment of over Rs 92 billion. Grew Energy: Plans to invest Rs 45.3 billion in Ganjam to set up an ingot-to-solar module facility. Saatvik Solar Industries: Intends to invest Rs 13.67 billion in a solar factory in Khurda. Jakson Engineers: Aims to invest Rs 13.54 billion for a similar…

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Tata Power acquires SPV for ERES-XXXIX project

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REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has transferred the special purpose vehicle (SPV), ERES-XXXIX Power Transmission Limited, to Tata Power Company Limited through a tariff-based competitive bidding process. The project involves establishing a 765/400 kV, 2×1500 MVA gas-insulated switchgear substation at Gopalpur in Odisha, along with 199 km of 765 kV transmission lines and 25 km of 400 kV lines, including associated works.  The project will be…