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Hydropower push: Four hydro projects worth Rs 29,949 crore approved in Odisha

Four major pumped-storage hydropower projects with a combined investment of over Rs 29,900 crore have received approval in Odisha, marking a significant push towards strengthening the state’s renewable energy capacity.

Hydropower push: Four hydro projects worth Rs 29,949 crore approved in Odisha

Hydropower push: Four hydro projects worth Rs 29,949 crore approved in Odisha (Representational Image) Photograph: (Canva)

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Four major pumped-storage hydropower projects with a combined investment of over Rs 29,900 crore have received approval in Odisha, marking a significant push towards strengthening the state’s renewable energy capacity.

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Among the cleared proposals, Adani Hydro Energy Twelve Limited will invest Rs 9,731.47 crore to set up a project in Nayagarh district. Sangamam CD Hydro Consortium has secured approval for a Rs 9,000 crore pumped-storage project in Koraput.

Similarly, Greenko OR01 IREP Private Limited will establish a project in Kalahandi with an investment of Rs 7,506.94 crore. In Deogarh district, Jindal Green PSP Two Pvt Ltd will develop a pumped-storage facility involving an outlay of Rs 3,711.56 crore.

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The projects are expected to enhance grid stability and support the integration of renewable energy into the power network.

Telecom Infrastructure Boost in Puri

In the telecommunications sector, Shreetech Data Limited-CLS will invest Rs 1,622 crore to develop a cable landing station in Puri. The facility is aimed at strengthening Odisha’s position as a strategic digital gateway along the eastern coast and improving high-speed data connectivity.

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Focus on Speed and Execution

Chief Minister Mohan Charan Majhi emphasised the need to further improve the ease of doing business in the state. He stressed that all approved projects should be grounded within a stipulated timeframe through coordinated efforts among departments to ensure timely execution.

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