“Odisha Needs Rs 1.1 Lakh Crore Over A Decade To Power Its Clean Energy Shift: Report”, Swarajya, 15 Oct 2026.
“Odisha will need about Rs 1.1 trillion in investment over the next decade in renewable energy, storage and transmission to scale up clean power and build a more varied and resilient growth model, a new report has said.
Based on the Central Electricity Authority’s Resource Adequacy Report, the US-based Institute for Energy Economics and Financial Analysis (IEEFA) estimates the state must add 10.7 gigawatt (GW) of renewable capacity between 2025-26 and 2035-36, besides 2.7 GW of pumped storage, 0.13 GW of battery storage and intra-state transmission upgrades.
“The total estimated investment requirement is Rs 1,09,980 crore, or nearly Rs 1.1 trillion. Renewable energy accounts for 67 per cent of this requirement, storage for 21 per cent and grid infrastructure for 12 per cent,” the report said.
Titled Sustainable Finance for a Just Transition in Odisha, the report noted that annual investment needs would vary with the timing of capacity additions, peaking at around Rs 20,827 crore in 2029-30.
Of Odisha’s estimated 139.5 GW solar potential, about 0.82 GW, under 1 per cent, has been installed. It has 12.13 GW of wind potential but no grid-connected wind capacity yet, while hydropower stands at roughly 2.2 GW against a potential of 7.6 GW………..”
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