Odisha Secures ₹1.17 Lakh Crore Renewable Energy Investment Proposals at National Summit
Bhubaneswar: Odisha has received renewable energy investment proposals worth approximately ₹1.17 lakh crore following the exchange of 18 Memoranda of Understanding (MoUs) at the Bharat Renewable Energy Summit & Expo in New Delhi.
The proposed projects are expected to add around 11,742 MW of clean energy generation capacity, marking a significant step toward strengthening the state’s renewable energy ecosystem.
The investment proposals span a wide range of clean energy sectors, including solar power, wind energy, pumped storage projects, hybrid renewable energy, battery energy storage systems, green hydrogen, green data centres, and other emerging technologies.
The agreements reflect growing investor confidence in Odisha’s renewable energy potential and support the state’s vision of sustainable industrial development.
Addressing investors and industry leaders during the summit, Chief Minister Mohan Charan Majhi outlined Odisha’s long-term ambition to become a leading clean energy destination and one of India’s top power-exporting states by 2047.
He emphasized the state’s commitment to providing a stable policy framework, timely project approvals, and robust transmission infrastructure to facilitate investment in the renewable energy sector.
Union Minister for New and Renewable Energy Pralhad Joshi highlighted Odisha’s strategic advantages in India’s energy transition, citing its abundant natural resources, industrial base, and strong port infrastructure.
He reiterated the Centre’s support for the state’s efforts to build a thriving clean energy ecosystem.
The Odisha Pavilion at the summit showcased the state’s renewable energy potential and investment opportunities across various clean energy segments.
State officials said the proposed projects would strengthen Odisha’s position as a future green energy hub while contributing to India’s broader clean energy goals.
With investments planned across multiple renewable technologies, Odisha is seeking to accelerate its transition toward sustainable energy generation, create opportunities for industrial growth, and attract long-term investments in the green economy.
