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Single Window Committee Clears Over Rs 1079 Cr Investment For Renewable Power Projects – EQ

Single Window Committee Clears Over Rs 1079 Cr Investment For Renewable Power Projects – EQ

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In Short : The Single Window Committee approves investments exceeding Rs 1079 crore for renewable power projects, highlighting a significant stride in advancing sustainable energy initiatives. This financial endorsement underscores a commitment to bolstering the renewable energy sector’s growth.

In Detail : The Energy Department’s Single Window Committee (SWC), chaired by Principal Secretary Vishal Kumar Dev, has approved investment proposals totaling Rs 1079.62 crore, marking a positive step towards a sustainable energy future.

This substantial funding shows the state’s unwavering commitment to hitting its NetZero target by going toward the development of game-changing green energy projects.

The 30 MW ground-mounted solar project by GMR Kamalanga and the 19.53 MW rooftop solar initiative by JSL, which will eventually revolutionize the region’s solar energy capacity, were approved with overwhelming support by the SWC.

Similarly, the state-run PSU Odisha Hydro Power Corporation Ltd.’s approval of the 63MW large hydro project represents a significant step towards the harvesting of hydroelectric power (OHPC).

Anand Gupta Editor - EQ Int'l Media Network