Apollo Green Energy to invest Rs 4,500 crore in Odisha

Bhubaneswar: Apollo Green Energy Limited has expressed its interest to invest Rs 4,500 crore in Odisha green energy project. The company on Wednesday made a presentation to set up solar power projects in Odisha to Deputy Chief Minister Kanak Vardhan Singh Deo, who is also the Energy Minister, at Lokseva Bhavan here.

Odisha is fully committed to realizing the goal of Clean and Green India of Prime Minister Narendra Modi. The government will provide all possible facilities and support to achieve the ambitious goal of green energy in Odisha, said Singhdeo.

Apollo Green Energy is currently constructing a 54 MWP power project worth Rs 151 crore at Ganjam district of Odisha in EPC- Ground solar mode. Similarly, it is keen to implement green energy projects in other parts of Odisha as well. It has proposed to invest Rs 4500 crore for a total of 1000 MW green energy projects.

With this, 3000 people will be directly and indirectly get the employment opportunity along with the generation of solar power. As per the requirement, the facility of storing the surplus electricity in batteries (battery energy storage system) after consumption will also be available in this project.

The meeting was attended by Principal Secretary, Energy Department Vishal Dev, OPTCL CMD Bhaskar Jyoti Sharma, Gridco MD Trilochan Panda, Apollo Green Energy Limited CEO Sanjay Gupta, President Rakesh Gupta and senior officers of Energy department.

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