Investment commitments at a glance
Odisha Conclave 2026 attracted Rs 67,000 crore in investment commitments targeting 6.8 GW of renewable energy capacity, DD News reported on 8 October 2026. No further breakdown of the figure by technology or developer was available from the single outlet that reported the story at the time of writing.
| Event | Location | Reported Investment | Capacity Target | Source | Reported On |
|---|---|---|---|---|---|
| Odisha Conclave 2026 | Odisha | Rs 67,000 crore | 6.8 GW renewable | DD News | 8 October 2026 |
Where hydel projects are moving in India
The Odisha announcement arrives against a broader backdrop of hydel project activity that Projects India tracks across the country. The platform currently monitors 2,127 hydel-based power projects, of which three were added in the 90 days preceding publication.
Geographically, the pipeline is concentrated in the Himalayan and north-eastern states. Himachal Pradesh leads with 437 tracked projects, followed by Arunachal Pradesh (415) and Uttarakhand (259). Maharashtra accounts for 182 projects, while Jharkhand and Madhya Pradesh contribute 98 and 76 respectively. Odisha does not yet appear prominently in the tracked geography, making the conclave's renewable commitments a potential signal of emerging capital flow into the state.
Stage breakdown: where the pipeline stands
Of the 2,127 hydel projects tracked by Projects India, the largest single cohort — 1,069 projects — remains at the Under Approvals stage, indicating a substantial volume of capacity that has not yet cleared regulatory and environmental hurdles. A further 208 projects are at the Planning stage. Projects that have progressed past approvals number 70 at Approvals Received, while 264 have moved into active Construction. Another 247 are recorded as Completed and 142 are on Hold.
The preponderance of projects still seeking approvals underscores both the regulatory complexity of the sub-sector and the scale of opportunity that lies ahead once clearances are granted. For suppliers and contractors, the 264 projects in Construction represent the most immediately addressable demand.
Recent projects entering the tracked pipeline
Among projects monitored on the Projects India power sector overview, several large hydel and pumped-storage schemes are at advanced stages. Himachal Pradesh Power Corporation Limited has the Rs 2,807 crore Shongtong Karcham hydroelectric project at Kinnaur in Construction, and the Thana Plaun HEP in Mandi at Approvals Received stage. Adani Renewable Energy Fifty Two Limited's hydroelectric project at Pune is valued at Rs 7,048 crore and is Under Approvals, as is the Rs 7,457.68 crore pumped storage scheme in Sonbhadra, Uttar Pradesh, promoted by Jhariya Ananturja Private Limited.
Tata Power's Bhivpuri Off-Stream Open Loop Pumped Storage Project in Raigad, Maharashtra, valued at Rs 2,470 crore, has entered Construction. JSW Energy PSP Two Limited's Bhavali Pumped Storage Project in Thane is Under Approvals, alongside Avaada Group's Rs 5,800 crore pumped hydro project in Sirohi, Rajasthan. Andhra Pradesh Power Generation Corporation Limited's hydel project at Sileru, Visakhapatnam, valued at Rs 11,054 crore, has reached Approvals Received. The Rs 1,950 crore Dikhu Hydro Power Project in Nagaland, promoted by Manu Energy Systems Private Limited, is also Under Approvals.
What this means for suppliers and contractors
The Rs 67,000 crore commitment at Odisha Conclave 2026, if it translates into project registrations, would represent a meaningful addition to a pipeline that is already large but heavily front-loaded at the approvals stage. Suppliers and equipment makers tracking early-stage opportunities should note that Odisha is not currently among the top states in the hydel project count, suggesting that any resulting tenders would be incremental rather than part of an established procurement corridor in the state.
For those focused on near-term revenue, the 264 projects already in Construction — concentrated in Himachal Pradesh, Arunachal Pradesh and Maharashtra — remain the primary opportunity window. Pumped storage is a growing sub-category within this pipeline, with multiple schemes from promoters including Tata Power, JSW Energy and Avaada Group now at or near construction readiness. There are currently no open tenders recorded in the Power Projects sector on the Projects India live tenders page, making direct monitoring of project-level developments the most effective way to stay ahead of procurement activity.
Contractors active in civil, electro-mechanical and tunnelling works should also watch the 70 projects at Approvals Received, which are closest to tipping into active procurement. The broader Under Approvals cohort of 1,069 projects represents a longer-dated but substantial pipeline for early relationship-building with promoters. The full list of hydel based power projects tracked by Projects India provides project-level detail for each of these stages.
Frequently asked questions
How much investment did Odisha Conclave 2026 attract for renewable energy?
DD News reported on 8 October 2026 that Odisha Conclave 2026 attracted Rs 67,000 crore in investment commitments targeting 6.8 GW of renewable energy capacity. No further breakdown by technology or individual developer was available from the single report.
How many hydel power projects are currently tracked in India?
Projects India tracks 2,127 hydel-based power projects across India, with three added in the 90 days before publication. Himachal Pradesh leads geographically with 437 projects, followed by Arunachal Pradesh with 415 and Uttarakhand with 259.
How many hydel projects in India are under construction?
Of the 2,127 hydel-based power projects tracked by Projects India, 264 are at the Construction Started stage. A further 1,069 remain Under Approvals, 70 are at Approvals Received, 208 are at Planning stage and 247 are recorded as Completed.
