The Odisha government has allocated land to renewable energy firm Inox Solar for the development of a solar cell and module manufacturing plant in Dhenkanal.
The subsidiary of Inox Clean, which is part of the INOXGFL Group, secured this land acquisition for an energy manufacturing capacity of 4.8 GW each for solar cells and solar modules. It is part of the Rs 4,000 crore investment announced earlier this year to set up a state-of-the-art solar manufacturing unit in the state.
The High-Level Clearance Authority (HLCA) has approved the project, which is expected to generate over 3,400 jobs in the region.
Following the land allocation, Chief Minister Mohan Charan Majhi said, “We are delighted to support Prime Minister Narendra Modi’s vision of expanding the horizon of renewable energy.
“This investment aligns with our dream of transforming Odisha into a green energy powerhouse. By facilitating the establishment of a solar cell and module manufacturing plant, we are not only promoting sustainable industrial growth but also creating new job opportunities and boosting economic development across the state,” the chief minister added.
Meanwhile, Devansh Jain, Executive Director of INOXGFL Group, said, “We are honoured to partner with the Odisha government in their mission to promote green energy and aid the Prime Minister’s vision of transforming India into a clean energy hub.”
According to the company, this initiative supports both the state’s sustainability goals and the nation’s target of achieving 500 GW of non-fossil fuel energy capacity by 2030.”
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