New Delhi, Nov 3 (UDN): Odisha has taken a major stride towards strengthening its clean energy sector by signing 18 Memoranda of Understanding (MoUs) involving proposed investments of approximately Rs 1.17 lakh crore. The projects are expected to add 11,742 MW of renewable energy capacity, reinforcing the State’s ambition to emerge as a leading destination for clean energy investments.
Pic Credit: x.com/CMO_Odisha
The MoUs were exchanged at the Bharat Renewable Energy Summit & Expo 2026 in New Delhi on Tuesday in the presence of Chief Minister Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo.
The two leaders also jointly inaugurated the Odisha Pavilion and the Netherlands Pavilion at the summit, highlighting the State’s growing engagement with national and international stakeholders in the renewable energy sector.
Several senior government officials attended the event, including Development Commissioner-cum-Additional Chief Secretary Deoranjan Kumar Singh, Home Department Additional Chief Secretary Hemant Sharma and Finance Department Principal Secretary Sanjeeb Kumar Mishra.
Investments Across Emerging Clean Energy Segments
The proposed investments cover a wide range of renewable and emerging energy technologies, reflecting Odisha’s efforts to diversify its energy portfolio.
The projects include pumped storage hydropower, solar and wind energy, hybrid renewable energy systems, battery energy storage, green hydrogen and green data centres.
According to the Chief Minister’s Office, the proposed projects are expected to strengthen the State’s renewable energy ecosystem, expand clean power generation capacity and create fresh opportunities across the energy value chain.
Odisha Showcases Investment Potential
At the summit, the Odisha Pavilion showcased the State’s renewable energy potential, strategic advantages and investment opportunities across different segments of the clean energy industry.
The pavilion is aimed at attracting domestic and international investors by highlighting Odisha’s preparedness to facilitate large-scale renewable energy projects and support the expansion of sustainable infrastructure.
The participation of senior State government representatives also reflects the administration’s efforts to engage with investors and industry leaders to translate investment proposals into ground-level projects.
Major Push Towards Green Energy Transition
The signing of the 18 MoUs marks a significant development in Odisha’s efforts to strengthen its position in India’s evolving clean energy landscape.
The proposed capacity addition of 11,742 MW is expected to contribute to the State’s long-term renewable energy goals while supporting India’s broader transition towards cleaner and more sustainable sources of power.
With substantial proposed investments spanning conventional renewable sources as well as emerging technologies such as green hydrogen and battery storage, Odisha is seeking to build a diversified clean energy ecosystem capable of supporting future industrial growth and sustainable development.
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