Axis Energy Ventures India, partnering with Evren, has signed an MoU with GRIDCO Limited to develop 5,000 MW of renewable energy and green hydrogen projects in Odisha. The ₹47,750 crore investment over ten years aims to create 15,000 jobs, enhance grid stability, integrate storage, and support industrial decarbonisation, strengthening Odisha’s clean energy capacity under its Renewable Energy Policy 2022.
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