Odisha Greenlights Mega Power Project to Fuel Keonjhar, Sundargarh Growth
The Odisha State Cabinet has approved a landmark power infrastructure project worth Rs 1,647 crore to strengthen electricity transmission in mineral-rich Keonjhar and Sundargarh districts.
The project includes the construction of a 2×500 MVA, 400/220/33 kV GIS sub-station at Basudevpur in Keonjhar district, along with associated transmission lines.
It is aimed at meeting the rising power demand of industries in the Joda-Barbil-Palaspanga belt and ensuring a reliable supply for upcoming industrial hubs.
Funding will be structured with 30% equity support from the state government (Rs 494.10 crore) and 70% from banks and financial institutions (Rs 1,152.90 crore).
The project is expected to be completed over three years, spanning FY 2026-27 to FY 2028-29.
Officials stated that the initiative will not only boost industrialisation but also enhance Odisha’s transmission network, ensuring sustainable growth in the region.
