Apollo Green Energy plans ₹4,500 crore investment in Odisha.
16-April 2025
Bhubaneswar: Apollo Green Energy Ltd has expressed interest in investing ₹4,500 crore in Odisha to develop green energy infrastructure. The proposal was presented during a high-level meeting by Odisha’s Deputy Chief Minister and Energy Minister, KV Singh Deo.
As part of the proposal, the company aims to generate 1,000 MW of green energy, which is expected to create approximately 3,000 direct and indirect employment opportunities in the state.
Apollo Green Energy also outlined plans to incorporate battery storage facilities, enabling the storage and use of surplus electricity beyond peak consumption hours.
Currently, the company is working on a 54 MWp solar power project worth ₹151 crore in Ganjam district, being developed under the EPC-Ground solar mode.
The meeting took place at the Lok Seva Bhawan conference hall and was attended by Vishal Dev, Principal Secretary of the Energy Department; Bhaskar Jyoti Sharma, CMD of OPTCL; Trilochan Panda, MD of GRIDCO; and other senior Energy Department officials. Apollo Green Energy's CEO, Sanjay Gupta, and President, Rakesh Gupta, represented Apollo Green Energy.
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