New Delhi/Bhubaneswar, Nov 3: Odisha has attracted prospective investment 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 in 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, Chief Minister 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 Prime Minister Narendra Modi’s ambition to make India Atmanirbhar in clean energy.

The MoUs were exchanged following the inauguration of the Odisha Pavilion by Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo. They also inaugurated the Netherlands Pavilion.

Dr. Satya Priya Rath, Managing Director, GRIDCO Limited, exchanged the MoUs with the respective industry partners in their presence.

In a significant step towards strengthening institutional cooperation and advancing clean-energy innovation, Energy Department signed a Memorandum of Understanding (MoU) with Hinduja Renewables Energy, Renew Green, Shivalaya Construction, Suzlon Renewable Development, MeghaMani Renew Energy, Evergreen Renewables, Datta Power Infra, CD Hydro, GSP Infra, Virudhaka Renewable Energy, MACLEC Technical Project Laboratory, Fenice Hydrogen, Ravi Renewables, XPERTNEST and India Energy Storage Alliance(IESA).

On this occasion, GRIDCO Limited also signed a Memorandum of Understanding (MoU) with the Centre for Mission on Energy Transition (CMET), anchored at Maulana Azad 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.

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 The MoU aims to establish a 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 adoption of 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.