Odisha targets 70 Mw rooftop solar projects by 2022 – Feedback

In an effort to harness the non-conventional sources of energy, Odisha targets to generate 70 Mw exclusively from rooftop solar projects by 2022.

“The target to generate 70 Mw from rooftops is likely to see an investment of around Rs 500 crore. The projects are likely to be taken by the government, private companies and individuals,” said a government official. In 2016-17 and 2017-18, the Green Energy Development Company Ltd (Gedcol), the nodal agency for implementation of renewable energy projects, will implement 10 Mw roof top projects at a cost of around Rs 80 crore. Recently, the Odisha government has signed implementation agreement with Azure Power Mercury Pvt Ltd for developing the country’s first grid connected Mw scale roof top project on net metering basis. It will be a four Mw project to be set up on about 190 government buildings in the twin cities of Cuttack and Bhubaneswar. The green energy project will attract around Rs 35 crore private investment and will be implemented by availing central financial assistance through Ministry of New and Renewable Energy (MNRE).

http://www.business-standard.com/article/economy-policy/odisha-targets-70-mw-rooftop-solar-projects-by-2022-116083000959_1.html

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