Odisha: Single Window Committee Greenlights Rs 1079.62 Crore Investment for 112.53 MW Renewable Power Projects

BHUBANESWAR: In an encouraging move towards a sustainable energy future, the Single Window Committee (SWC) of the Energy Department, under the chairmanship of the Principal Secretary, Energy Department, Govt. Of Odisha Vishal Kumar Dev, has granted approval for investment proposals totalling to Rs 1079.62 crores. This significant funding is dedicated to the establishment of transformative green energy projects, demonstrating the state's unwavering commitment to achieving its NetZero target.

The SWC's resounding approval includes a 30MW ground-mounted solar project by GMR Kamalanga and 19.53MW rooftop solar initiative by JSL which will eventually revolutionize the region's solar energy capacity.

Similarly, a significant leap towards harnessing hydroelectric power is marked by the approval of the 63MW large hydro project by the state run PSU Odisha Hydro Power Corporation Ltd. OHPC.

Related Business News

Gold and Silver Prices Decline, Know the New Rates

Gold and silver prices are witnessing continuous fluctuations. On Monday, as soon as the commodity market (MCX) opened, a slight decline was recorded in gold and silver prices.On MCX, the Gold June 5, 2026 contract opened at ?1,52,695 compared to the previous close of ?1,52,699. The Silver May....

Wholesale Inflation Rises to 3.88% in March; Oil and Metals Become Costlier, Sharp Surge in Jewellery Prices

The Wholesale Price Index (WPI)-based inflation rate rose to 3.88 percent in March, up from 2.13 percent in February,the Ministry of Commerce and Industry said on Wednesday. The rise in wholesale inflation in March was primarily driven by an increase in prices of crude petroleum and natural ga....

‘We Will Not Allow China to Buy Iranian Oil’: US Treasury Secretary Scott Bessent

Amid ongoing tensions in the Middle East, the United States has taken a tough stance on China, making it clear that it will not allow Beijing to purchase oil from Iran. US Treasury Secretary Scott Bessent said that the proposed blockade will ensure that no Chinese or other ships can pass throu....

Economy News: Stock market falls and gold-silver prices drop after US-Iran talks fail

Local stock markets witnessed a decline on Monday. The BSE Sensex fell by 703 points, while the NSE Nifty dropped 208 points. The failure of talks between the US and Iran for an agreement, along with fears that the conflict may continue for a long time, caused crude oil prices to rise sharply,....

LPG Crisis Deepens Amid War; Opposition Targets Government Over Black Marketing

NEW DELHI: As the US-Israel-Iran conflict enters its fourth week, the deepening energy crisis is severely affecting households across the country, leading to a growing shortage of cooking gas. Complaints about LPG shortages and rising black marketing have intensified political confrontations an....