Hindalco to set up Rs 150 crore solar park in Odisha

The company plans to invest Rs 150 crore in the project to be spread over 120 acres of land

Aditya Birla Group-owned Hindalco Industries is planning to set up a 24 Mw solar power plant within the premises of its aluminium plant at Lapanga in Sambalpur district.

"The 24 Mw solar plant planned by Hindalco will come up at its campus in Sambalpur. The company intends to invest Rs 150 crore in the project to be spread over 120 acres of land available with the company", said a government official.

The power produced is likely to utilized by the company as renewable purchase obligation (RPO). The company has applied to the investment promotion agency- Industrial Promotion & Investment Corporation of Odisha