Odisha Clears 10 GW Solar Manufacturing With Rs 100 Billion Outlay
POWER & RENEWABLE ENERGY

Odisha Clears 10 GW Solar Manufacturing With Rs 100 Billion Outlay

The Odisha government has approved a 10 GW ingot–wafer and 5 GW solar cell manufacturing project with a proposed investment of Rs 100 billion, marking a major step in building the state’s upstream solar manufacturing capabilities.

The decision comes just two days after the Andhra Pradesh government, led by Chandrababu Naidu, cleared a greenfield 10 GW ingot and wafer manufacturing facility in the state with an investment of Rs 66.75 billion by Tata Power Renewable Energy Ltd..

The Odisha cabinet, chaired by Chief Minister Mohan Charan Majhi, approved the project on Friday. The facility will be developed in two phases and will be the first-of-its-kind upstream solar manufacturing unit in Odisha, with a combined capacity of 10 GW ingot–wafer and 5 GW solar cell production.

The project will be set up at the Tata SEZ, Gopalpur and is expected to generate more than 5,000 direct and indirect jobs, including high-skill employment opportunities. Officials said the facility will strengthen the state’s solar value chain, reduce reliance on imported critical components and support India’s ambition of achieving 100 GW of domestic solar module manufacturing capacity by 2030.

According to the Odisha Ground-Mounted Solar Potential Assessment 2024 by the National Institute of Solar Energy, the state has an estimated solar power potential of 138 GW, underscoring its suitability for large-scale solar manufacturing and deployment.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Odisha government has approved a 10 GW ingot–wafer and 5 GW solar cell manufacturing project with a proposed investment of Rs 100 billion, marking a major step in building the state’s upstream solar manufacturing capabilities. The decision comes just two days after the Andhra Pradesh government, led by Chandrababu Naidu, cleared a greenfield 10 GW ingot and wafer manufacturing facility in the state with an investment of Rs 66.75 billion by Tata Power Renewable Energy Ltd.. The Odisha cabinet, chaired by Chief Minister Mohan Charan Majhi, approved the project on Friday. The facility will be developed in two phases and will be the first-of-its-kind upstream solar manufacturing unit in Odisha, with a combined capacity of 10 GW ingot–wafer and 5 GW solar cell production. The project will be set up at the Tata SEZ, Gopalpur and is expected to generate more than 5,000 direct and indirect jobs, including high-skill employment opportunities. Officials said the facility will strengthen the state’s solar value chain, reduce reliance on imported critical components and support India’s ambition of achieving 100 GW of domestic solar module manufacturing capacity by 2030. According to the Odisha Ground-Mounted Solar Potential Assessment 2024 by the National Institute of Solar Energy, the state has an estimated solar power potential of 138 GW, underscoring its suitability for large-scale solar manufacturing and deployment.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement