Apollo Green Energy ready to invest Rs 4500 crore in Odisha, create 3000 jobs; check key details

Apollo Green Energy Ltd has announced plans to invest Rs 4,500 crore in Odisha to develop 1,000 megawatts (MW) of renewable energy projects, a move expected to create 3,000 direct and indirect jobs.

The proposal was unveiled on Wednesday during a high-level meeting chaired by Odisha’s Deputy Chief Minister and Energy Minister, KV Singh Deo.

Project Scope & Employment

According to the available reports, the initiative will focus on solar power infrastructure, complemented by battery storage systems to store surplus electricity for use during peak demand periods.

Apollo Green Energy stated that the projects will span multiple districts, leveraging Odisha’s solar potential. The company also confirmed that the employment opportunities will cater to both skilled and unskilled workers, aiding local economic growth.

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Ongoing Initiatives

Currently, Apollo is constructing a 54 MWp (megawatt peak) solar plant in Ganjam district under the EPC (Engineering, Procurement, Construction) model, with an investment of Rs 151 crore. This project is seen as a precursor to its larger Rs 4,500 crore vision.

Deputy CM Singh Deo reiterated Odisha’s commitment to Prime Minister Narendra Modi’s Clean and Green India mission, pledging full support for Apollo’s projects. Notably, the announcement comes at a time when the state aims to reduce carbon emissions while diversifying its industrial portfolio beyond mining.

Odisha’s Economic Momentum

The investment aligns with Odisha’s broader strategy to attract high-impact projects. In 2025 alone, the state secured binding commitments worth Rs 14.47 lakh crore across sectors like manufacturing and renewables, generating over 9 lakh jobs.

Flagship events like the Make in Odisha Conclave and the Delhi Investors’ Meet have positioned the state as an emerging industrial hub.

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Key Attendees

The meeting for Apollo Green Energy included Principal Energy Secretary Vishal Dev, OPTCL CMD Bhaskar Jyoti Sharma, GRIDCO MD Trilochan Panda, and Apollo’s CEO Sanjay Gupta and President Rakesh Gupta.