The state energy department plans to set up a 50 Mw solar power project at Manmunda in Boudh district at an investment of around Rs 400 crore.
The power plant will be set up by Green Energy Development Corporation of Odisha Ltd (GEDCOL).
The decision was taken at a high level meeting chaired by chief secretary, Jugal Kishare Mohapatra at the state secretariat where in energy secretary, Pradeep Kumar Jena outlined the broad features of the project.
It may be noted that Solar Energy Corporation of India has proposed to set up solar projects of 750 Mw in different parts of the country and GEDCOL will bid for 50 Mw project to be set up in Odisha at the proposed site.
State's nodal land acquisition agency Odisha Industrial Infrastructure Development Corporation (Idco) is requested to provide the land to GEDCOL for the project.
A decision was also taken at the meeting that the generated power will be purchased by GRIDCO as per renewable power obligation.
"It has been in principle decided that the project will be implemented on PPP mode", read an official release.
Among others, Chairman-cum-Managing Director, Idco Vishal Dev, Hemant Kumar Sharma , CMD, GRIDCO, Sahadev Khatua, CMD, GEDCOL were present at the meeting.