Sunday, December 3, 2023

Odisha receives Rs 4,940 crore investment intents in wind energy sector – N.F Times

Bhubaneswar: Odisha has received investment intents worth Rs 4,940 crore for 575 MW capacity wind energy projects in the state.

The state received the investment intents during Odisha Wind Energy Summit in the capital city here today.

GRIDCO, a Odisha government undertaking and the nodal agency for development of renewable energy in the state, in collaboration with its technical partner the iFOREST successfully convened ‘Odisha Wind Energy Summit – Investor Round table’ to explore investment opportunities in the wind power sector.

At least 25 key investors across the country have participated in the summit. The summit served as a significant platform in bringing together key players in the wind power production and manufacturing segment.

In his keynote address, Chief Secretary Pradeep Kumar Jena emphasized the state government’s determination to extend comprehensive support to the wind industry for establishing power plants and manufacturing hubs in Odisha.

Speaking at the summit, Vishal Kumar Dev, Finance & Energy departments’ Principal Secretary and Chairman of GRIDCO, reiterated the State’s unwavering commitment and endeavor to attract investments for wind energy development in Odisha aligning with its new Renewable Energy Policy (OREP)-2022 and Industrial Policy Resolution-2022.

In his address, Dinesh Dayanand Jagdale, Ministry of New and Renewable Energy Joint Secretary, praised the proactive initiatives of the state government in translating the mandate of OREP-2022 into reality towards achieving clean and green energy targets.

During the session, Director General of National Institute of Renewable Energy (NIWE) Rajesh Katyal gave a presentation and assured all cooperation and technical support from NIWE to harness the full potential of wind power in the state.

Bhupinder Singh Poonia, MD, IDCO and IPICOL, shared valuable suggestions for growth and sustainability of wind power projects in the state.

Addressing the concluding session of the Summit, Subhendra Kumar Nayak, Additional Secretary of Industries department, assured the prospective investors to extend department’s full support towards ensuring hassle-free and conducive business environment for them.


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