Odisha Renewable Energy Policy 2022 released at MiO 2022: MoU Worth Rs 51,000 Crore signed with NTPC-SJVNL – NLC

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Odisha Minister of Energy, Industries and MSME Pratap Keshari Deb Releasing Odisha Renewable Energy Policy 2022 released at MiO 2022 in Bhubaneswar on Thursday.

By Our Correspondent

BHUBANESWAR: Making the announcement in his key note address at a business leadership talk themed “Towards Greener Energy” organised by the Energy Department, Minister of Energy, Industries and MSME Deb said the OREP-2022 will also provide multiple incentives for development of renewable energy projects in the State. The Department has also executed three Memorandum of Understanding (MoU) with leading CPSUs for an investment worth Rs 51,000 crore.

The first was executed between GRIDCO and NTPC Green Energy for development of large-scale on-ground solar, floating solar  and pumped solar projects in the State. The second was executed between GRIDCO and SJVN Ltd for development of 2000 MW pumped storage hydro project and 2000 MW ground based  and floating solar projects with cumulative investment of Rs 30,000 crore.

The third was executed with NLC for development of large scale on-ground solar, floating solar, pumped storage hydro and green hydrogen projects in the State.

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