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Odisha Government Signs A Deal With BPCL To Pursue Renewable Energy Options

TNI || New Delhi || 13th April 2022

The Odisha government has inked a memorandum of understanding with Bharat Petroleum Corporation Ltd. to explore green energy alternatives in the state.

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On Monday, the Managing Director of Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL), Bhupendra Singh Poonia, and BPCL Executive Director for Renewable Energy, Amit Garg, signed a Memorandum of Understanding (MoU).

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Odisha has a strong potential for green energy production from ethanol, solar, as well as hydrogen, said Chief Secretary SC Mohapatra during the signing ceremony.

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The state government intends to make a significant push for green energy, and BPCL will be given full support from project grounding through commissioning, he added.

This is a historic occasion, said Development Commissioner PK Jena, when an organisation like BPCL joins forces with the state government to produce green energy. 

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Many sections of Odisha, according to BPCL chairman and MD Arun Kumar Singh, have considerable potential for solar and ethanol energy production.

The agreement envisions a collaborative effort to investigate the viability of establishing hydrogen generating plants for both domestic and international consumption.

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Officials said it would also assist Odisha’s heavy industries meet their non-fossil power needs.

By 2040, the company plans to have a 10 gigawatt renewable energy production potential using a mix of solar, wind, small hydro, and biomass.