Odisha signs a memorandum of cooperation for green energy projects worth about ₹67,000 crore with Japan’s IHI Corporation and India’s ACME Group, according to two reports. The agreement covers development of green ammonia and green methanol projects in the state, with the partnerships aimed at supporting clean energy production and related manufacturing activities.
Both outlets link the pact to broader India–Japan cooperation in clean energy, describing Odisha as an investment destination for port-linked, export-oriented and large-scale green energy initiatives over the coming years. The projects are expected to involve infrastructure for production of hydrogen-based derivatives, including green ammonia and methanol, and associated manufacturing components that can be connected to export routes.
The memorandum outlines cooperation rather than immediate construction commitments, but it signals a pipeline of investment and activity for Odisha’s green energy sector under the IHI–ACME collaboration. Details on timelines, final project locations and capacity, and the breakdown of total investment across ammonia and methanol are not specified in the provided summaries.
