Odisha signs clean energy investment proposals worth 1.17 lakh crore rupees

Odisha signed 18 memorandums of understanding worth 1.17 lakh crore rupees to expand its renewable energy infrastructure, according to Urban Acres, India Tribune, and Ommcom News. The deal was announced at the Bharat Renewable Energy Summit and Expo 2026 in New Delhi, The Statesman and Urban Acres reported. Pragativadi and The Samikhsya also reported on the investment proposals. [1][2][3][4][5][6][7][8]

The proposals target the addition of 11,742 megawatts of capacity to the power system in Odisha, Urban Acres reported. The planned additions are more than twice the existing renewable energy capacity of 3,691 megawatts in the state. [1]

The agreements cover several clean energy sectors. According to Urban Acres, the projects include pumped storage, solar and wind power, hybrid renewable energy systems, battery storage, green hydrogen, and green data centres. [1]

The delivery of the project pipeline will depend on regional infrastructure upgrades. Urban Acres reported that the state must build out transmission networks, storage capacity, industrial demand, and administrative approvals to absorb the new power generation. [1]