The Solar Energy Corporation of India Limited (SECI) has entered into a Memorandum of Understanding (MoU) with three Odisha state-owned power entities—Green Energy Development Corporation of Odisha Limited (GEDCOL), Odisha Hydro Power Corporation (OHPC) and Odisha Renewable Energy Development Agency (OREDA)—to advance major renewable energy and storage initiatives in the state. The agreement marks a significant milestone in Odisha’s clean energy transition and reinforces SECI’s role in supporting India’s national renewable energy targets.
The MoU was signed during the Global Energy Leaders’ Summit held in Puri from December 5–7, 2025. Shri A.K. Naik, Executive Director, represented SECI, while the Odisha utilities were represented by Shri Pranab Kumar Mohanty, Managing Director, GEDCOL; Shri Amiya Kumar Mohanty, Director (Operations), OHPC; and Shri Saudutta Biplab Keshari Pradhan, CEO, OREDA. Senior officials from the Government of Odisha, the Ministry of New & Renewable Energy (MNRE), and SECI attended the ceremony.
The collaboration outlines plans for developing a 1,000 MWh Battery Energy Storage System (BESS), pumped storage projects, and 2.5 GW of floating solar or solar-plus-storage capacity, along with other advanced renewable technologies. These projects are expected to significantly strengthen Odisha’s renewable energy infrastructure, improve grid stability, and support the state’s long-term energy security.
The initiative is also expected to generate substantial employment opportunities—both direct and indirect—through associated contracts and project activities, contributing to local economic growth.
The MoU reflects accelerating momentum in India’s renewable energy sector and underscores the commitment of both SECI and Odisha’s power utilities to building a sustainable and resilient energy ecosystem.
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