Bhubaneswar: Odisha has signed 18 Memoranda of Understanding (MoUs) involving proposed investments of around Rs 1.17 lakh crore in the renewable energy sector, with an estimated capacity addition of 11,742 MW, signalling the State’s ambitious push to emerge as a major hub for clean energy.
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, who jointly inaugurated the Odisha Pavilion and the Netherlands Pavilion at the event. Development Commissioner-cum-Additional Chief Secretary Deoranjan Kumar Singh, Home Department Additional Chief Secretary Hemant Sharma, Finance Department Principal Secretary Sanjeeb Kumar Mishra and other senior State government officials were also present on the occasion.
The proposed investments span several emerging clean energy segments, including pumped storage, solar and wind power, hybrid renewable energy projects, battery energy storage, 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 expand its clean energy capacity.
The Odisha Pavilion at the summit showcases the State’s renewable energy potential, strategic advantages and investment opportunities across various clean energy sectors. The initiative aims to attract investors and highlight the State’s readiness to support large-scale renewable energy projects.
The exchange of MoUs reflects growing industry interest in Odisha’s renewable energy potential and comes amid the State government’s efforts to diversify its energy portfolio and promote sustainable industrial development.
The proposed capacity addition of 11,742 MW is expected to further advance the State’s clean energy ambitions and contribute to India’s broader energy transition.
The State government has been actively positioning Odisha as an attractive investment destination by highlighting its strategic advantages and opportunities across the renewable energy value chain.
