Odisha Signs 18 MoUs Worth Rs 1.17 Lakh Crore In Renewable Energy Sector

Bhubaneswar: In a major push towards clean energy, Odisha has signed 18 Memoranda of Understanding (MoUs) involving proposed investments of around Rs 1.17 lakh crore in the renewable energy sector. The projects are expected to add 11,742 MW of clean energy capacity in the State.

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 jointly inaugurated the Odisha Pavilion and the Netherlands Pavilion at the event. Several senior State government officials, including Development Commissionercum-Additional Chief Secretary Deoranjan Kumar Singh, Home Department Additional Chief Secretary Hemant Sharma and Finance Department Principal Secretary Sanjeeb Kumar Mishra, were also present.

The proposed investments cover a range of clean energy segments, including pumped storage, solar and wind power, hybrid renewable energy projects, battery energy storage systems, green hydrogen and green data centres.

According to a post by the Chief Minister’s Office (CMO) on X, the proposed projects are expected to strengthen Odisha’s renewable energy ecosystem and significantly expand its clean energy capacity.

The Odisha Pavilion at the summit highlights the State’s renewable energy potential, strategic advantages and investment opportunities across various clean energy segments, with an aim to attract investors and promote large-scale projects.

The signing of the MoUs marks a significant step in the State government’s efforts to diversify its energy portfolio, attract investments and promote sustainable industrial development.

With the proposed addition of 11,742 MW, Odisha aims to strengthen its position in India’s clean energy transition and emerge as a major destination for renewable energy investments.

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