To assess the future scenario of different power consuming sectors, the state energy department has decided to prepare a long-term action plan for the next two decades.
Officials said German development agency, Deutsche Gesellschaft far Internationale Zusammenarbeit GmbH (GIZ), which has been implementing the Indo-German energy programme in the country, has signed an agreement with the state energy department for the development of the action plan for Odisha.
The GIZ will provide technical assistance for the same, while state utility Gridco will coordinate with the German agency on behalf of the Odisha government. The plan is expected to be ready by 2024.
Some of the key objectives of the plan are optimisation of generation, transmission and distribution of assets, revenue maximisation and optimisation of power procurement, efficiency improvement and long-term planning, disaster-resilient transmission and distribution , overall Energy Security, improved access to finances and scaling up of distributed RENEWABLE ENERGY models.