GRIDCO Limited (formerly the Grid Corporation of Odisha Limited) is the State-designated entity responsible for bulk power procurement on behalf of the DISCOMs in Odisha. It also ensures compliance with the Renewable Purchase Obligation (RPO) for DISCOMs and other obligated entities, promoting a sustainable and balanced energy mix across the State. With a forward-planning approach, GRIDCO aligns its power procurement strategy with the projected demand of DISCOMs—carefully considering the energy mix, gestation period of different generation sources and their impact on retail tariffs. As of July 2023, GRIDCO has contracted 5,828 MW of renewable energy capacity, including large hydro projects, to meet present and future RPO targets. Of this, 3,830 MW has already been commissioned and integrated into the grid. Designated as the State Nodal Agency for implementing the Odisha Renewable Energy Policy, 2022, GRIDCO is leading the State’s clean energy transition with a vision to develop 10,000 MW of renewable capacity. The policy introduces a uniform RPO for all obligated entities, including industries procuring power through Open Access or Captive Generating Plants (CGPs). In this role, GRIDCO serves as the aggregator for renewable power procurement, enabling industries to participate in the green energy movement and supporting Odisha’s vision of a cleaner, resilient and future-ready power sector.
- To harness the renewable energy (RE) potential of Odisha and accelerate investment in the RE sector for ensuring energy security, promoting socio - economic growth and protecting the environment
- To accelerate adoption of clean energy alternatives and decarbonize the energy sector which includes both grid-based electricity consumption and captive consumption of industrial consumers in the State.
- To harness the clean energy potential of the State and make best use of the available resources by facilitating development of green energy projects in the State.
- To attract investment in the clean energy sector, create job opportunities and develop the State economy.
- To facilitate R&D and promote new initiatives & emerging RE technologies in the State.
Key Features
Competitive Bidding For Identified Resources
- Bidding for Solar Park
- Bidding for Floating Solar Projects
- Bidding for PSPs
- Bidding for SHEPs
Facilitation Of Power Evacuation
- Applications Received.
- Evacuation facilitated.
- Taken up with OPTCL.
- Taken up with Discoms.
Facilitating RE Adoption
- Rooftop Solar.
- Supply of RE to Industries.
- EV adoption.
- Waste to Energy.
Facilitation Of Land Allotment
- Applications Received.
- Land allotted.
- Issues taken up with IDCOL
Single Window Committee Approval & Statutory Clearances
- Constitution of SWC.
- Highlights of Previous SWCs.
Concessions And Incentives
- Applications received.
- Concessions and Incentives facilitated.
Regulations/Guidelines Enabling Policy
- Enabling Guidelines for PSPs.
- Enabling Net-Metering in State.
Monitoring RPO Compliance.
- RPO Compliance of DISCOMs.
- RPO Compliance of Industries.
Resource potential assessment & Pre-Development of Sites
- Potential Assessment for Wind Power generation
- Potential Assessment for Hydro Power generation.
- Potential Assessment for Solar Power generation
- Potential Assessment for PSPs
Renewable Energy Research Institute.
- R&D Platform for Stake Holders.
- Collaborations for Knowledge Exchange
- Resource Assessment
- Research on Technology Adoption.
- Energy Transition of IndustriesF
Maintenance Of Odisha RE Fund.
- RE Research Institute.
- VGF for On-grid RE projects involving innovative/new technologies.
- Potential Assessment.
- Attractive RE policy 2022
- A good governance and agile leadership
- Promoting PPP(Public Private partnership) model
- Well-equipped seaports & Well developed rail & road infrastructure
- Availability of natural RE potential like lands and water bodies
- A single window facility for approval of all RE projects
- Facilitation of approvals/allotment of all RE projects in a time-bound manner
- Approval of Captive RE projects in a fast track manner
- Seamless transfer of all central government & State government benefits
- Provision of Dedicated Green Energy corridor for power evacuation which is under study & design
- Unique natural terrane has excellent potential for all types of Pumped Storage Plants
- Committed to meet RPO
The early bird cathes the worm
The early bird catches the worm — invest early, gain the edge and discover the heart of Odisha like never before!
Sustainability
GRIDCO envisions a vibrant net-zero future, where clean, reliable, and sustainable energy fuels Odisha’s progress. Our mission is to create enduring value for society and stakeholders by designing, developing, and operating world-class electricity infrastructure that powers the transition to a low-carbon, resilient energy ecosystem. Through innovative solutions and strategic investments, GRIDCO is dedicated to shaping a greener, brighter, and sustainable energy landscape for generations to come.
Powering Net Zero Pact
Vision and way forward
GRIDCO has set an ambitious roadmap to accelerate the journey toward net-zero over the next six years, with a significant focus on low-carbon infrastructure. Sustainability is at the heart of everything we do, guided by our principle: “We do the right thing for people and the planet.” Looking ahead, GRIDCO is committed to achieving operational net-zero by 2070, driving transformative change across Odisha’s energy landscape while fostering responsible growth, environmental stewardship, and a resilient future.
Innovation
GRIDCO is committed to pioneering cutting-edge technologies and transformative innovations that accelerate the transition to a net-zero future. Adopting a decentralized approach, each of our business units is empowered to chart its own innovation strategy, fostering creativity and agility across the organization. This commitment is supported by an open innovation ecosystem, anchored on four key enabling pillars that guide and amplify our efforts, ensuring GRIDCO remains at the forefront of sustainable energy solutions and technological advancement.
GRIDCO actively engages with external partners including peers, local authorities, the supply chain, academia & the broader industry and has developed significant expertise in forming effective consortia. Co-creation with energy industry peers remains central to delivering comprehensive, whole-system solutions.
Partnering for Innovation
GRIDCO seeks to proactively engage with external partners including its peers, local authorities, supply chain, academia and wider industry and has built significant expertise and capability in forming effective consortia. Co-creation with energy industry peers is crucial to facilitate whole system solutions.