IEEMA HostsOdisha Power Conclave 2024 to Empower Eastern Indias Energy Sector
Bhubaneswar : The Indian Electrical and Electronics Manufacturers’ Association (IEEMA) hosted the first edition of the Odisha Power Conclave, in Bhubaneshwar today. This exclusive event brought together key government officials, industry stakeholders, policymakers, and leaders from the state’s power sector ecosystem. The Conclave highlighted Odisha’s potential to become a major hub for manufacturing and renewable energy, with a special focus on harnessing of solar &wind energy along with production of Green Hydrogen/Ammonia & energy storage through Pumped Storage Plants (PSPs). Odisha Targets 10,000 MW Renewable Capacity addition in the State by 2030: Leading the Charge
Shri Kanak Vardhan Singh Deo, Honble Deputy Chief Minister and Minister, Department of Energy, Government of Odisha, was the Chief Guest at the inaugural session of the conclave. Speaking at the event the Deputy Chief Minister acknowledged IEEMAs efforts in the Eastern region and said, I thank IEEMA for organising the Odisha Power Conclave for the first time. The state government is committed to the growth of the sector, and with the announcement of the Honble Prime Ministers Surya Ghar Scheme, along with the energy sector’s expansion across the state and trained personnel, there is tremendous scope for harnessing of potential. We want the industry to establish their bases and set up units here,so that we can drive the growth of the sector forward.
Hemant Sharma, IAS, Principal Secretary, Industries Department, Government of Odisha, delivered a special address highlighting growth opportunities in Odisha, We are very happy to host the Odisha Power Conclave by IEEMAs Eastern Region. Odisha is the gateway to the Eastern and Northeastern regions and offers immense opportunities for the electrical & electronic equipment industry. Odisha itself presents a very large market for electrical & electronic equipment and when combined with the demand from neighbouring eastern states, we could become one of the most important locations for the industry. The upcoming Renewable Energy Projects has created a huge market of associated equipment in the State.Manufacturers can capitalise on the available resources along with cheap electricity which is a prime factor in the cost of end products. We are happy to work with IEEMA to create more such opportunities.” Speaking on the renewable energy sector in Odishahe said, Odishais encouraging renewable power development, and it aims to produce 43% of the electricity from renewable energy sources by 2030.
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