<h1>Welspun New Energy to Invest Rs 13,500 Crore in Odisha for 1,200 MW Hydro and 1,000 MW Solar Projects</h1> Welspun New Energy has entered into an agreement with the Odisha government to invest Rs 13,500 crore in two clean energy projects. The investment will fund a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project in the state. These initiatives aim to increase Odisha's energy storage capacity, facilitate renewable energy integration into the grid, and support India's goal of reaching 500 GW of renewable energy capacity by 2030. Welspun New Energy emphasizes its commitment to innovation and sustainability through this significant investment in green technologies.