Bhubaneswar, Jan 29: Deputy Chief Minister Kanak Vardhan Singh Deo today informed that Odisha has attracted investment proposals of ₹4.33 lakh crore in the renewable energy sector during the ‘Utkarsh Odisha – Make in Odisha Conclave 2025’.
Singh Deo chaired the Sectoral Session on ‘Renewable Energy for Viksit Odisha’ on the second day of the event.
The Odisha government has signed Memorandums of Understanding (MoUs) with companies like Mahanadi Coalfields Limited (MCL), NLC India Limited, Indian Oil Corporation Limited (IOCL), ONGC Tripura, and REC Limited. They have expressed their interest to invest in the renewable energy projects in the state.
In another session, Deputy Chief Minister Pravati Parida said Odisha is attracting more investors to chemicals, petro chemicals and plastics industries sectors.
Odisha’s robust infrastructure base and viable industrial climate has turned the current time as the right time for investment in Odisha, said Parida.
The Deputy CM has also said that more and more industrialists are showing interest to invest in the state.
Addressing the investors and representatives of industry bodies on the occasion of the seminar titled ‘Chemicals, Petrochemicals and Plastics(industries) Sector, organized on the occasion of Utkarsh Odisha’ she said that Odisha is making great progress in these sectors and is attracting domestic and foreign investors.
Odisha has not only brought industrial production within the country, but has also created a specific clientele for its qualitative products and services in the international arena.