ENA Sectors 2025-01-24 14:36:16 <p><span style="font-size:14px"><strong>Bhubaneswar, Jan 24 (KNN)</strong> The State Level Single Window Clearance Authority (SLSWCA) in Odisha has approved a transformative Rs 3,883 crore investment package, signaling a decisive strategic pivot towards sustainable development. </span></p> <p><span style="font-size:14px">The comprehensive package, cleared on Wednesday, prominently features green energy initiatives that underscore the state's commitment to renewable infrastructure and economic diversification.</span></p> <p><span style="font-size:14px">Flagship projects within the investment portfolio include Mahanadi Coalfields Limited's 99 MW wind power initiative, valued at Rs 852 crore, and JSP Green Wind's Rs 200 crore green hydrogen facility. </span></p> <p><span style="font-size:14px">These substantial investments mark a significant milestone in Odisha's renewable energy landscape, demonstrating a forward-looking approach to energy transition.</span></p> <p><span style="font-size:14px">Chief Secretary Manoj Ahuja, who chaired the 134th SLSWCA meeting, emphasised the multifaceted benefits of these approvals. These green energy projects represent a strategic investment not only in renewable capacity but also in high-skilled employment generation, he stated. </span></p> <p><span style="font-size:14px">The authority approved a total of 17 projects, with renewable and green initiatives comprising nearly 30 percent of the total investment value.</span></p> <p><span style="font-size:14px">A notable project within the renewable sector is Quantsolar Technologies Private Limited's Rs 57 crore manufacturing plant for solar mounting structures, which will contribute to developing localised green technology manufacturing capabilities. </span></p> <p><span style="font-size:14px">The approved projects span eight districts and are projected to generate over 12,280 jobs, providing a substantial economic stimulus to the region.</span></p> <p><span style="font-size:14px">While green energy emerges as the primary focus, the investment package demonstrates remarkable sectoral diversity, encompassing projects in steel, pharmaceuticals, chemicals, and tourism. </span></p> <p><span style="font-size:14px">These approvals, strategically timed ahead of the Utkarsh Odisha 2025 Conclave, reflect Chief Minister Mohan Charan Majhi's proactive leadership in attracting sustainable and transformative investments.</span></p> <p><span style="font-size:14px">By positioning itself as a hub for renewable energy and innovative industrial projects, Odisha is not merely adapting to global sustainability trends but actively shaping a progressive economic ecosystem that harmonises technological advancement with environmental responsibility.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em><br /> </p> 40772 https://knnindia.co.in/news/newsdetails/sectors/rs-3883-cr-cleared-for-green-energy-projects-in-odisha 2025-01-24 14:36:16 knnindia.co.in