CESC Unit Secures Approval for ₹4,500 Crore Manufacturing Facility in Odisha

CESC Green Power Limited is preparing to develop a large clean-energy manufacturing complex in Odisha after receiving in-principle approval from the state’s High-Level Clearance Authority. 

The project is planned in phases and represents a major addition to the company’s renewable energy ambitions.

Multi-Gigawatt Solar and Battery Facilities Planned in Dhenkanal

The proposal includes establishing a 3 GW solar cell plant, a 3 GW solar module unit, and a 5 GWh advanced-chemistry battery cell and pack facility. 

The company also intends to set up an advanced solar components unit alongside a 60 MW captive power plant. Spread across Dhenkanal district, the development is structured for phased implementation, allowing the company to scale capacity in line with demand.

₹4,500 Crore Investment to Strengthen Clean-Tech Ecosystem

CESC Green Power aims to invest approximately ₹4,500 crore in the project, marking one of its most significant clean-tech commitments in recent years. 

The company said the initiative supports its broader strategy of expanding manufacturing capabilities within India’s renewable energy supply chain. The approval was granted on 13 November, enabling the company to begin planning the next stages of the project.

Read More: Waaree Energy Storage Systems Secures ₹325 Crore in Funding, Led by Niveshaay!

CESC Share Price Performance 

As of November 14, 2025, at 11:00 AM, CESC share price is trading at ₹171.83 per share, reflecting a decline of 0.23% from the previous closing price. Over the past month, the stock has gained by 2.63%.

Conclusion

With its proposed investment in Odisha, CESC Green Power is set to build a major clean-tech manufacturing base that will contribute to India’s growing renewable energy ecosystem.

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