With Odisha targeting a capacity augmentation of 350 MW from solar, wind and biomass sources during the 12th Plan Period (2012-17), investments worth Rs 2500 crore are expected to flow to the state during period.
“By 2017, we expect to have new capacities in solar energy (150 MW), wind energy (100 MW) and bio-mass generation (100 MW). The state regulator has fixed Renewable Purchase Obligation (RPO) according to which state utilities have to buy or generate at least five per cent green power,” said D N Gupta, secretary of Science & Technology was quoted as saying by The Business Standard newspaper.
The Ministry of New and Renewable Energy (MNRE) has set an ambitious capacity addition target of 29,800 MW from renewable energy sources till 2017. It envisages 15,000 MW of wind, 10000 MW of solar, 2100 MW from small hydro projects and 2700 MW from bio-mass sources.
Renewable energy potential in Odisha has been assessed at 16230 MW by Odisha Renewable Energy Development Agency (OREDA). Solar power has the maximum potential at 14000 MW followed by wind power at 1700 MW, biomass at 350 MW, small hydro at 160 MW and municipal waste at 20 MW.
Three small hydro power projects with 57 MW capacity has been commissioned in the state, besides nine solar photo voltaic project with estimated generation of 13 MW capacity and one biomass power project of 20 MW.
In addition, power purchaser Grid Corporation of Odisha (Gridco) has signed power purchase agreements (PPA) with eight developers of biomass projects with a total capacity of 98 MW and six small hydro-electric projects with total generation of 67 MW. Recently, Kolkata-based Alex Astral Power Private Ltd has bagged the contract for setting up of a 25 MW solar power plant in Odisha for an estimated cost of Rs 300 crore in Bolangir district.