The MoUs were formalised during the launch of two ambitious policies — the Bihar Policy for Promotion of New & Renewable Energy Sources 2025 and the Bihar Policy for Promotion of Pumped Storage Project 2025 — at an event held at Gyan Bhawan. These policies are aimed at fostering green energy development and attracting major investment into the sector.

The renewable energy policy is expected to unlock massive opportunities in solar, wind, biomass, and newer technologies like green hydrogen and pumped storage systems.

Energy minister Bijendra Prasad Yadav formally launched the two policies in the presence of industries minister Nitish Mishra, additional chief secretary of the industries department Mihir Kumar Singh, energy secretary Manoj Kumar Singh, and the managing director of Bihar State Power Generation Company Ltd (BSPGCL) Mahendra Kumar. Several industry leaders and public sector representatives were also present.

Among the MoUs signed, the BSPGCL partnered with L&T to establish a 116MW/241 MWh battery energy storage project at Kajra in Lakhisarai with an investment outlay of Rs 837 crore. It also signed an MoU with NTPC Green to develop a 1,000MW battery energy storage system (BESS) with an estimated cost of Rs 1,500 crore.

Separately, the Bihar Renewable Energy Development Agency (BREDA) inked an MoU with Avaada Group to develop 1,000 MW of ground-mounted and floating solar projects, subject to feasibility. BREDA also joined hands with SECI Ltd to set up floating solar and other renewable energy projects, cumulatively valued at Rs 3,000 crore.

Addressing a gathering of representatives from leading renewable energy firms, PSUs and industry stakeholders, energy minister Yadav urged investors to look towards Bihar’s growing potential.

“We want to tap solar energy, a non-conventional source, for Bihar’s development. For this, we have introduced a new policy. The policy is aimed at protecting our future generations. We need investment in the renewable energy sector for the country’s development and the creation of employment opportunities,” Yadav said.

He added, “We must reduce carbon emissions to mitigate the effects of global warming and safeguard human lives.”

Urging industry not to be swayed by isolated incidents of crime, Yadav said, “Come and invest in Bihar. If required, we are open to amending the policy in future. Don’t judge the state by a few incidents. Bihar has made significant progress.”

Reference : https://timesofindia.indiatimes.com/city/patna/govt-signs-mous-worth-rs5k-cr-to-develop-2357mw-green-power/articleshow/122924941.cms?utm_

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Under the decisive and futuristic leadership of Shri Vishal Kumar Dev, Principal Secretary, Energy and E&IT, the 12th meeting of the Single Window Committee (SWC) on July 24, 2025, cleared fresh renewable energy projects totaling 178 MW with an estimated investment of ₹869.8 crore. This significant approval further solidifies Odisha’s position as a frontrunner in India’s clean energy transition.

The approvals, a result of thorough examination of project proposals presented by the Chief Project Manager of the Renewable Energy Nodal Agency (RENA), signal the state’s proactive approach to green investments and ease of doing business in the sector.

Key officials, including the Managing Director of GRIDCO, Directors of GRIDCO and OHPC, and the EIC (Electricity)-cum-PCEI, were present, underscoring the collaborative effort driving this agenda.

Among the newly approved projects are:

• 69.5 MW Solar Park: To be developed by Prozeal Green Energy Limited at Biramaharajpur in the Subarnapur district.
• 49.5 MW Solar Project: Cleared for INOX Solar Limited at Telkoi in Keonjhar.
• 10 MW Solar Project: Granted to Mahanadi Coalfields Limited (MCL) at Lakhanpur in Jharsuguda.
• Wind Power Project: To be set up by NLC India Renewables Limited at Papadahandi in Nabarangpur district.

These projects collectively contribute 128.5 MW of solar and 49.5 MW of wind energy capacity, diversifying Odisha’s green energy portfolio.

With these latest additions, the total renewable energy capacity approved by the Single Window Committee has now soared to an impressive 1,844.86 MW, attracting cumulative investment commitments of ₹12,599.79 crore. This remarkable growth is a testament to the State Government’s unwavering focus on creating an enabling environment for clean energy development.

These projects are not merely about increasing capacity; they are integral to Odisha’s broader vision. They align perfectly with the state’s commitment to achieving its Renewable Purchase Obligations (RPOs), as mandated by central and state regulations, which require a certain percentage of electricity to be sourced from renewable sources. Furthermore, these initiatives are crucial contributions to India’s overarching climate goals, demonstrating Odisha’s dedication to reducing its carbon footprint.

Beyond environmental benefits, officials highlighted the significant socio-economic impact of these projects. The development of these renewable energy installations is expected to boost local employment and catalyze infrastructure development in the respective approved districts, fostering inclusive growth and prosperity.

Under the visionary leadership of Shri Vishal Kumar Dev, the Energy Department has reaffirmed its steadfast commitment to supporting green investments and streamlining project clearances.

This proactive approach, characterized by timely coordination among all stakeholders, is setting a strong precedent for other states, positioning Odisha as a leading example in India’s transition towards a cleaner, greener energy landscape.

Reference : https://tathya.in/odisha-clears-%E2%82%B9870-cr-green-energy-projects/?utm_

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