+
Odisha’s new policy to boost use of renewable energy
POWER & RENEWABLE ENERGY

Odisha’s new policy to boost use of renewable energy

The Odisha Renewable Energy Policy, 2022 was introduced by the government to help decarbonise the energy sector by promoting renewable energy. The policy aims to encourage industries to increase renewable energy production because they are required to do so under the Centre's renewable purchase obligation (RPO) trajectory by 2030. By 2030, industries and power distribution companies (discoms) must achieve 43 per cent RPO.

To that end, the policy encourages massive incentives for industrial houses. During the policy period (2022-2030), industries will be offered incentives such as a 50 paisa per unit exemption on electricity consumption for 20 years.

Also read:
Bengaluru’s face set to change with 3 new metro routes
Dilip Buildcon to construct viaduct for Surat Metro

The Odisha Renewable Energy Policy, 2022 was introduced by the government to help decarbonise the energy sector by promoting renewable energy. The policy aims to encourage industries to increase renewable energy production because they are required to do so under the Centre's renewable purchase obligation (RPO) trajectory by 2030. By 2030, industries and power distribution companies (discoms) must achieve 43 per cent RPO. To that end, the policy encourages massive incentives for industrial houses. During the policy period (2022-2030), industries will be offered incentives such as a 50 paisa per unit exemption on electricity consumption for 20 years. Also read: Bengaluru’s face set to change with 3 new metro routes Dilip Buildcon to construct viaduct for Surat Metro

Related Stories

Gold Stories

Next Story
Infrastructure Transport

India To Build 100 New Airports Under UDAN Plan

The Civil Aviation Minister K Rammohan Naidu said that India will build 100 new airports over the next 10 years under the Centre's Regional Connectivity Scheme — Modified UDAN (UDAN) with an outlay of Rs 300 billion (Rs 300 bn). He inaugurated the country's third hub-and-spoke operation from Ahmedabad, intended to link passengers seamlessly to international destinations through domestic hubs. The minister indicated that the initiative forms part of a sustained expansion of air connectivity across the nation. Naidu recalled that there were 74 airports in 2014 and that the network has expanded..

Next Story
Infrastructure Urban

Auto PLI Draws Rs 454.77 Billion Investment Creates Over 67,000 Jobs

Union Minister for Heavy Industries and Steel HD Kumaraswamy said the production-linked incentive scheme for automobiles and auto components had attracted Rs 454.77 billion (Rs 454.77 bn) in investment and generated more than 67,000 jobs as of 30 June 2026. He told the Automotive Component Manufacturers Association of India that the next phase should focus on scale, deeper localisation, innovation and positioning India as a global hub for advanced and green mobility technologies. The minister urged industry to invest in cleaner technologies to help lead the global mobility transition. The gove..

Next Story
Infrastructure Energy

Coal India Production Falls in August as Supplies Rise

Coal India Limited's production declined five point seven per cent year-on-year in August 2026, while coal supplies rose five point five per cent during the month. The company produced 47.5 million tonnes (mn t) of coal in August, down from 50.4 mn t in the same month last year. Offtake rose to 60.6 mn t from 57.4 mn t a year earlier. Over the first five months of the current financial year, cumulative production during April–August was 267.5 mn t, down four point five per cent from 280.2 mn t a year earlier. Cumulative coal supplies rose six point seven per cent to 322.9 mn t in April–Aug..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code