Bhubaneswar: The state authorities has sought viability hole funding (VGF) for promotion of hydropower pump storage plant (PSP), by which water is reused to generate electrical energy. A committee arrange by the Union energy ministry to look into the demand is probably going to offer its report inside three months, sources mentioned.
Officers from Odisha took up the state’s demand throughout a gathering of NITI Aayog, chaired by member V Ok Saraswat over video-conferencing, authorities sources mentioned. Gridco managing director Trilochan Panda attended the assembly.
Odisha has projected an funding of Rs 3,000 crore for 3 such vegetation and sought 75% funds from the Centre. The state intends to arrange the vegetation in Higher Indravati (600 MW), Balimela (500 MW) and Higher Kolab (320 MW). The committee underneath the chairmanship of chairman and manging director, Photo voltaic Power Company of India (SECI), is wanting into the matter of subsidy, incentive and VGF for promotion of hydropower PSP. The committee is anticipated to submit report in three months, a authorities official mentioned.
The state additionally reiterated its demand to calm down tips on renewable buy obligation (RPO) underneath which the state has to purchase 14.5% of its vitality demand from renewable vitality sources. As per the central norms, it might be elevated as much as 16% in 2023-2024 and to 18% in 2024-25. The Centre plans to make a uniform proportion of RPO for all states.
Bhubaneswar: The state authorities has sought viability hole funding (VGF) for promotion of hydropower pump storage plant (PSP), by which water is reused to generate electrical energy. A committee arrange by the Union energy ministry to look into the demand is probably going to offer its report inside three months, sources mentioned.
Officers from Odisha took up the state’s demand throughout a gathering of NITI Aayog, chaired by member V Ok Saraswat over video-conferencing, authorities sources mentioned. Gridco managing director Trilochan Panda attended the assembly.
Odisha has projected an funding of Rs 3,000 crore for 3 such vegetation and sought 75% funds from the Centre. The state intends to arrange the vegetation in Higher Indravati (600 MW), Balimela (500 MW) and Higher Kolab (320 MW). The committee underneath the chairmanship of chairman and manging director, Photo voltaic Power Company of India (SECI), is wanting into the matter of subsidy, incentive and VGF for promotion of hydropower PSP. The committee is anticipated to submit report in three months, a authorities official mentioned.
The state additionally reiterated its demand to calm down tips on renewable buy obligation (RPO) underneath which the state has to purchase 14.5% of its vitality demand from renewable vitality sources. As per the central norms, it might be elevated as much as 16% in 2023-2024 and to 18% in 2024-25. The Centre plans to make a uniform proportion of RPO for all states.