New Delhi/Bhubaneswar, 6 November 2026: Odisha has attracted prospectiveinvestment proposals worth approximately ₹1,17,557 crore through 18 Memoranda of Understanding (MoUs), representing a tentative capacity addition of around 11,742 MW across renewable energy and emerging clean-energy sectors at the Bharat Renewable Energy Summit & Expo 2026, held at Bharat Mandapam, New Delhi.
The proposed investments span pumped storage, solar, wind, hybrid renewable energy, battery storage, green hydrogen, green data centres and other emerging technologies.
Expressing happiness over these huge interests for investments in Odisha, CM Shri Mohan Charan Majhi described it as a watershed moment in state’s endeavour for transition to clean energy. He further said that Odisha is ready to significantly contribute to PM’s ambition to make India Atmanirbhar in clean energy.
The MoUs were exchanged following the inauguration of the Odisha Pavilion by Shri Mohan Charan Majhi, Chief Minister of Odisha, and Shri Kanak Vardhan Singh Deo, Deputy Chief Minister of Odisha. The two dignitaries also inaugurated the Netherlands Pavilion. Dr. Satya Priya Rath, Managing Director, GRIDCO Limited, exchanged the MoUs with the respective industry partners in their presence. The event was followed by the Odisha State Plenary on “Investment Opportunities in the Renewable Energy Sector in Odisha”,which witnessed participation from over 900 delegates.
In a significant step towards strengthening institutional cooperation and advancing clean-energy innovation, Energy Department, Govt. of Odisha signed a Memorandumof Understanding (MoU) with Hinduja Renewables Energy Pvt. Ltd., M/S Renew Green, M/s Shivalaya Construction Limited, M/s Suzlon Renewable Development Limited, MeghaMani Renew Energy Pvt. Ltd., M/s Evergreen Renewables pvt Ltd, Datta Power Infra Private Limited,M/s CD Hydro, M/s GSP Infra, M/S VIRUDHAKA RENEWABLE ENERGY PRIVATE LIMITED, MACLEC Technical Project Laboratory Private Limited, Fenice Hydrogen, Ravi Renewables Private limited, XPERTNEST and India Energy Storage Alliance(IESA).
On this occasion, GRIDCO Limited, Odisha, also signed a Memorandum of Understanding (MoU) with the Centre for Mission on Energy Transition (CMET), anchored at MaulanaAzad National Institute of Technology (MANIT), Bhopal; Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL); and Indian Institute of Technology (IIT) Bhubaneswar during the Odisha State Plenary Session at Bharat Renewable Energy Summit 2026. The MoU aims to establisha broad framework for academic, technical, research and institutional collaboration between the Governments of Odisha and Madhya Pradesh, focusing on accelerating the clean-energy transition, renewable energy integration, grid modernisation and the adoptionof emerging power-system technologies. The collaboration is expected to facilitate knowledge exchange, research partnerships and capacity building, while strengthening institutional capabilities to address the evolving requirements of the power sector.
The plenary was attended by Shri Pralhad Joshi, Union Minister for New and Renewable Energy, Government of India; Shri Mohan Charan Majhi, Chief Minister of Odisha; Shri Kanak Vardhan Singh Deo, Deputy Chief Minister of Odisha; Shri Santosh Kumar Sarangi, Secretary, Ministry of Newand Renewable Energy, Government of India; and Shri Vishal Dev, IAS, Additional Chief Secretary, Energy Department, Government of Odisha.
