Odisha signs 18 MoUs worth Rs 1.17 lakh crore for clean energy
The state aims to add an estimated 11,742 MW of renewable power capacity through various green technology projects.
Odisha has signed 18 Memoranda of Understanding (MoUs) with a total proposed investment of approximately Rs 1.17 lakh crore, according to Pragativadi. The agreements were announced at the Bharat Renewable Energy Summit & Expo 2026 in New Delhi to expand the state's renewable power capacity by an estimated 11,742 MW.
The exchange of agreements took place in the presence of Chief Minister Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo. The leaders also inaugurated the Odisha Pavilion and the Netherlands Pavilion at the expo.
The investment proposals cover several sectors, including solar and wind power projects, hybrid energy installations, and pumped storage. Other areas include battery energy storage systems (BESS), green hydrogen, green ammonia production, and green data centres powered by sustainable energy.
According to statements from the Chief Minister’s Office (CMO) on X, these projects are designed to strengthen the clean energy footprint of Odisha and accelerate India's energy transition roadmap.
The state government is engaging with domestic and global investors to signal its readiness to fast-track approvals. The proposed 11.7 GW addition is intended to support industrial growth and job creation across the state.