The Indian state of Odisha is all set to recieve 350MW of Renewable power. The state will invest about Rs 2500 crores ($450 Million) for the purpose in the time frame of 2012-2017.
The state of Odisha plans to install the following:
- Solar PV : 150MW
- Wind Energy : 100MW
- Bio-Mass : 100MW
According to Odisha Renewable Energy Development Agency (OREDA), the state has a Renewable energy potential of 16,230 MW. Of all this, solar has the maximum potential at 14,000 MW and Wind follows by 1700 MW, bio-mass at 350 MW, small hydro at 160 MW and municipal waste 20 MW.
Also recent projects in the state include Alex Astral Power Private Ltd, which bagged a contract for installing a 25 MW solar PV project in the state. The project cost is estimated at around Rs 300 crore ($54 Million) and the project is planning to be setting up in Bolangir district to tap the high amount of solar radiation which the area recieves.