Odisha Lines Up Rs. 1.17 tn for 11.7 GW Energy Projects
POWER & RENEWABLE ENERGY

Odisha Lines Up Rs. 1.17 tn for 11.7 GW Energy Projects

The Odisha government has lined up proposed investments of Rs. 1.17 tn across 11.7 GW of energy projects through around 18 memorandums of understanding (MoUs) exchanged at the Odisha Pavilion during the Bharat Renewable Energy Summit and Expo 2026 in New Delhi. Chief Minister Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo witnessed the signing ceremony.

The agreements involve developers, public sector undertakings, industrial partners and academic institutions. The proposed projects cover pumped hydro storage, wind and solar generation, battery energy storage, distributed hydropower, green hydrogen, green ammonia, e-methanol and green data centres. The state government said the proposed investments exceed the targets set under its energy development programme.

Odisha Hydro Power Corporation (OHPC) and Mahanadi Coalfields (MCL) exchanged an MoU for an 800 MW pumped storage project involving a proposed investment of Rs. 53.36 bn. Separate proposals include 1,540 MW of distributed hydropower capacity using turbine technology, with estimated investment of Rs. 268.56 bn.

Another proposal covers green ammonia and e-methanol production, supported by an indicated 7.3 GW of solar capacity and estimated investment of Rs. 257 bn. The agreements also include a proposed green data centre with initial information technology capacity of 2 MW and investment of Rs. 1 bn.

The India Energy Storage Alliance (IESA) signed an agreement to support energy storage and green hydrogen development in Odisha. The partnership will focus on knowledge exchange, local manufacturing, skills development and investment facilitation. The proposed investments are intended to expand the state’s clean energy project pipeline and support green industrial infrastructure, while combining utility-scale generation with storage and emerging low-carbon production technologies.

The Odisha government has lined up proposed investments of Rs. 1.17 tn across 11.7 GW of energy projects through around 18 memorandums of understanding (MoUs) exchanged at the Odisha Pavilion during the Bharat Renewable Energy Summit and Expo 2026 in New Delhi. Chief Minister Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo witnessed the signing ceremony. The agreements involve developers, public sector undertakings, industrial partners and academic institutions. The proposed projects cover pumped hydro storage, wind and solar generation, battery energy storage, distributed hydropower, green hydrogen, green ammonia, e-methanol and green data centres. The state government said the proposed investments exceed the targets set under its energy development programme. Odisha Hydro Power Corporation (OHPC) and Mahanadi Coalfields (MCL) exchanged an MoU for an 800 MW pumped storage project involving a proposed investment of Rs. 53.36 bn. Separate proposals include 1,540 MW of distributed hydropower capacity using turbine technology, with estimated investment of Rs. 268.56 bn. Another proposal covers green ammonia and e-methanol production, supported by an indicated 7.3 GW of solar capacity and estimated investment of Rs. 257 bn. The agreements also include a proposed green data centre with initial information technology capacity of 2 MW and investment of Rs. 1 bn. The India Energy Storage Alliance (IESA) signed an agreement to support energy storage and green hydrogen development in Odisha. The partnership will focus on knowledge exchange, local manufacturing, skills development and investment facilitation. The proposed investments are intended to expand the state’s clean energy project pipeline and support green industrial infrastructure, while combining utility-scale generation with storage and emerging low-carbon production technologies.

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