Odisha is positioning itself as a potential major centre for green-energy production after signing agreements linked to approximately ₹67,000 crore of proposed projects involving IHI Corporation and ACME. The scale of the proposals illustrates how quickly the state’s industrial strategy is expanding from conventional energy and mineral-based industries toward hydrogen-related fuels and new clean-energy infrastructure. Green hydrogen and its derivatives such as green ammonia and green methanol are attracting global interest because industries and transport systems are looking for ways to reduce dependence on fossil fuels. Odisha has several advantages in this emerging sector, including its coastline, industrial demand, ports and existing energy infrastructure. The ability to produce and export green fuels could eventually create a new category of business activity around Paradip and other coastal industrial locations. The economic significance of green-energy projects goes beyond the headline investment. Building large production facilities requires engineering, construction, electrical systems, storage, water management, transportation and specialised equipment. Once operations begin, companies need maintenance, logistics, safety and technical services. Local businesses that develop expertise in these areas can become part of the emerging supply chain. There is also a potential connection with Odisha’s existing heavy industries. Green hydrogen can potentially be used in steel, chemicals and refining, while green methanol and ammonia can serve as industrial feedstocks and fuels. This means Odisha could develop an ecosystem where renewable energy supports both exports and domestic industrial decarbonisation. The port network is another important advantage. Green fuels are likely to become internationally traded commodities, and coastal production can reduce logistics costs. Odisha could therefore potentially serve customers in India as well as markets in Asia and beyond. The challenge is that green-energy economics are still developing. Production costs depend on renewable electricity prices, electrolyser technology, water availability, financing and international demand. Large projects require substantial capital and long-term offtake agreements. Government policy will therefore be important in providing regulatory certainty and infrastructure. Odisha must also ensure that local communities and workers participate in the economic benefits. Skill development programmes could prepare workers for hydrogen plants, renewable-energy facilities and specialised maintenance. Educational institutions can build training programmes around electrical systems, chemical engineering, safety and energy management. If successfully implemented, the proposed investments could help Odisha become a significant player in India’s emerging green-energy economy. They could also diversify the state’s industrial base and create export opportunities in a sector expected to grow over the coming decades. For local businesses, the most immediate opportunity may be supporting infrastructure and construction, while the long-term opportunity will be specialised services and manufacturing linked to the clean-energy supply chain. The projects remain subject to execution and development milestones, but their scale indicates that Odisha is increasingly being considered for industries connected with the global energy transition.