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Odisha Govt. Signs MoC with ACME & IHI Corporation

  • 04 Jul 2026

On 3rd July 2026, the Government of Odisha signed a Memorandum of Cooperation (MoC) with ACME Group and Japan's IHI Corporation to develop large-scale clean energy and industrial projects in the state.

  • The proposed projects involve a cumulative investment of ₹67,000 crore and are expected to generate employment for around 7,000 people.
  • The collaboration aims to promote clean energy, advanced manufacturing, technology transfer, and sustainable industrial development.
  • A 0.4 MTPA green ammonia project will be established at Gopalpur–Tata SEZ with an investment of ₹20,000 crore, creating around 3,400 jobs.
  • The Gopalpur project also includes a jetty-less floating terminal with an additional investment of ₹1,000 crore.