A senior Mantralaya official stated, “The central govt has set a target to bring carbon emissions to zero by 2070. For this, the state govt has set targets to generate 50% energy through renewable energy sources by 2030 and 75% by 2047.”

A memorandum of understanding was already signed on June 14, 2023, between Mahagenco and Satluj Jal Vidyut Nigam Limited to develop renewable energy generation projects. According to this agreement, the development of various renewable energy projects in the state, including pumped storage hydroelectric projects, green hydrogen with solar-wind hybrid, and floating solar projects, is included. All these projects have a total capacity of 5000 MW.

The official further stated, “The establishment of a joint venture company for this was approved by the state cabinet on Tuesday. Satluj Vidyut Nigam Limited will have 51% and Mahagenco will have 49% equity.”

Through this joint company, in the first phase, projects with a total capacity of 735 MW will be developed, including the Ghatghar Phase-2 pumped storage hydroelectric project (125 MW), Irai floating solar energy project (105 MW), and Nimnawardha floating solar energy project (505 MW).

Reference : https://timesofindia.indiatimes.com/city/mumbai/maharashtra-cabinet-approves-joint-venture-for-5000-mw-capacity-renewable-energy-project/articleshow/123925535.cms?utm_

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Inaugurating the Sadbhavana Day, Renewable Energy Day, and World Biofuel Day celebrations, organised by KSBDB at the Rural Development University on Wednesday, Sudhindra explained that an investment of over Rs 1 lakh crore is expected in the biofuel sector over the next five years. “This will create over three lakh direct and indirect jobs, increase the income of farmers’ families, and provide encouragement to young entrepreneurs. The coming five years will be crucial for the development of the biofuel sector in Karnataka,” he asserted.

Sadbhavana Day and Renewable Energy Day are celebrated to highlight the advancements in science, technology, information, and life sciences in the 21st century. The main aim of Renewable Energy Day is to raise awareness and consciousness about national unity, social harmony, and tolerance among people. It primarily focuses on educating students about renewable energy.

On this World Biofuel Day, the KSBDB has already been successfully implementing awareness programmes about biofuels in the state. In the current scenario, the enhancement and commercialisation of the biofuel sector are essential. Various states are leading in biofuel production, and the board must also formulate plans in this direction, he said.

Gadag deputy conservator of forests Santosh Kenchappannavar mentioned that the country has seen the Green Revolution and White Revolution. Now, the biofuel revolution will complement the country’s development. Previously, importance was given only to fuels produced from trees and plants. Recently, ethanol production from sugarcane has increased. Electricity is being generated from raw material obtained by burning sugarcane waste. The increased production of biofuel from sugar factories is strengthening the energy sector.

Reference : https://timesofindia.indiatimes.com/city/hubballi/new-biofuel-policy-to-be-implemented-soon-in-karnataka-ksbdb-chief/articleshow/123415557.cms?utm_

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The proposed projects spanning across diverse sectors including green energy and green hydrogen, biofuel, pharmaceuticals, tourism and hospitality, EV, food and beverages besides steel and downstream will come up in Angul, Dhenkanal, Ganjam, Jajpur, Jagatsinghpur, Khurda, Sundargarh and Jharsuguda districts, and generate 8,200 jobs.

In the EV sector, Sanaka Auto Corp Ltd has proposed to invest Rs 300 crore in an EV manufacturing plant in Khurda to produce 10,000 units a year. The investment will create 145 jobs.

A Raipur-based green energy equipment manufacturing company will set up a 2 GW solar cell manufacturing unit in Ganjam with an investment of Rs 750 crore, creating 515 jobs.

While INOX Solar Ltd will set up a 5 GWh battery energy storage system (BESS) assembly plant in Dhenkanal with an investment of `283 crore, Jindal Stainless Ltd will establish a green hydrogen manufacturing unit in Jajpur with an investment of Rs 90 crore.

Similarly, Gravita India Ltd will invest Rs 350 crore in a comprehensive recycling unit in Angul for manufacturing refined lead, alloys and PP granules. Betabuilds Technologies Pvt Ltd will establish a steel processing unit with an investment of Rs 131.55 crore for ERW pipes, PEB manufacturing and HR coil slitting.

Odisha tourism is set for a significant boost with three hotel projects worth over Rs 363 crore getting the SLSWCA nod. Orissa Stevedores Ltd has proposed to set up a five-star hotel in Paradip with an investment of Rs 211 crore. Similarly, Padma Hospitality Pvt Ltd and SNM Hotels & Resorts Pvt Ltd will develop a three-star hotel and four-star hotel and resort facility with an investment of Rs 59.91 crore and Rs 92.32 crore, respectively in Jagatsinghpur.

Konark Ispat Ltd will expand its capacity by adding a 0.35 MTPA rolling mill, 0.6 MTPA pellet plant, 70 MW captive power plant, 0.54 MTPA DRI plant and 0.50 MTPA billet plant in Jharsuguda, with an investment of Rs 990 crore.

In the IT sector, Shreetech Data Ltd will develop a hyperscale data centre facility with an investment of Rs 501 crore and West Edge Data Centres Pvt Ltd will invest Rs 50.5 crore for a data centre and satellite internet services unit in Khurda.

Among others, Vibrant Spirits Pvt Ltd will set up a compressed biogas unit with a capacity of 4,000 MTPA in Sundargarh at an investment of Rs 50 crore, Shree Jagannath Carriers Pvt Ltd will set up a logistics park and warehousing facility in Angul with an investment of Rs 111.9 crore and Sapient Resources Pvt Ltd will establish coal washery project in Angul with an investment of Rs 70 crore.

Starcaps Global LLP will set up a pharmaceutical unit in Khurda. The project will involve an investment of Rs 80 crore.

Reference : https://www.newindianexpress.com/cities/bhubaneswar/2025/Aug/21/ev-hotel-and-green-energy-projects-get-odisha-governments-nod?utm_

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