Odisha draws clean energy proposals worth Rs 1.17 lakh crore at the Bharat Renewable Energy Summit
3 November 2026
Odisha received prospective investment proposals worth about Rs 1.17 lakh crore at the Bharat Renewable Energy Summit and Expo 2026 in New Delhi.
The state exchanged 18 Memoranda of Understanding at the summit.
Together these could add about 11,742 MW of clean energy generation capacity.
The proposals cover pumped storage, solar, wind, hybrid renewables, battery storage, green hydrogen and green data centres.
Chief Minister Mohan Charan Majhi spoke at the Odisha State Plenary and promised time-bound project approvals and stronger transmission lines.
Deputy Chief Minister Kanak Vardhan Singh Deo joined him in opening the Odisha and Netherlands pavilions.
Union Minister for New and Renewable Energy Pralhad Joshi noted Odisha's own target of 10.96 GW of renewable capacity by 2030.
Odisha wants to be a Green Energy Hub by 2036 and one of India's top five power-exporting states by 2047.
In plain words
MoU Memorandum of Understanding — A written understanding between two sides setting out what each will do, usually before a binding contract.
Pumped storage Pumped storage hydropower — Water is pumped uphill when power is cheap and let down through turbines when power is needed.