Odisha aims for 74 per cent non-fossil energy mix by 2047
The state plans to use floating solar and pumped storage to meet rising power demands and achieve an interim clean energy goal.
The Government of Odisha intends to derive 74 per cent of its energy from non-fossil fuel sources by 2047, according to a report by Business Today. The state is increasing investments in renewable energy, energy storage, and grid infrastructure to manage future demand.
Additional Chief Secretary (Energy) Vishal Kumar Dev said at an industry event that the state seeks an interim target of a 52:48 split between non-fossil and fossil fuel-based infrastructure. He noted that Odisha possesses a surplus of water, power, and revenue.
The state has identified 50 GW of potential for floating solar and nearly 30 GW of capacity for pumped storage. While Odisha has already implemented approximately 1,000 MW of floating solar projects, it intends to expand this capacity in the future.
To support this transition, the government is using part of its ₹33,000 crore revenue surplus for capital expenditure and infrastructure. It has also sanctioned ₹16,000 crore to strengthen and modernise transmission networks.
Dev mentioned that Agri-PV, which integrates solar generation with farming, could help address power storage gaps. Major developers including ACME Solar and Tata Power have shown interest in setting up regional projects.