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  3. Apollo Green Energy proposes to invest Rs 4,500 crore in solar projects…

Apollo Green Energy proposes to invest Rs 4,500 crore in solar projects in Odisha

20 Apr 2025

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Key Takeaways

Apollo Green Energy is set to significantly expand in Odisha with a Rs 4,500 crore investment for 1,000 MW solar projects, supported by the state’s green energy and storage initiatives.

Apollo Green Energy is set to significantly expand in Odisha with a Rs 4,500 crore investment for 1,000 MW solar projects, supported by the state’s green energy and storage initiatives.

apollo green energy unlisted shares

Apollo Green Energy

-16.06%

Expert Analysis

Apollo Green Energy has proposed to invest Rs 4,500 Crore in 1,000 MW Solar Projects Across Odisha.

Expert Analysis :

  • Current Project: Apollo Green Energy is setting up a 54 MW power project worth Rs 151 crore in Ganjam district, Odisha.

  • Investment Proposal: Apollo Green Energy has proposed to invest Rs 4,500 crore to develop 1,000 MW green energy projects across various parts of Odisha.

  • Government Presentation: Top executives presented the expansion plan, including a battery energy storage system, to Deputy CM and Energy Minister KV Singh Deo at Lok Seva Bhawan.

  • Official Endorsement: Deputy Chief Minister and Energy Minister Singh Deo praised Apollo’s Rs 4,500 crore solar plan, highlighting Odisha’s potential in renewable energy and commitment to sustainable growth.

  • Energy Storage Focus: Odisha plans over 10,000 MW of pumped storage plants, with Singh Deo urging Centre’s support for energy storage viability.

Publisher:Msn