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Projex SurveyJuly 202510www.projectstoday.comProjex Survey 99But for a couple of super-mega projects in the Metals sector, the sector would have witnessed a sharp decline in fresh investment in Q1/FY26. Those projects are a Rs 1,28,000 crore Aluminium Smelter project of Vedanta in Odisha, a Rs 50,000 crore Green steel project of JSW Steel and a Rs 40,000 crore Stainless steel project of Jindal Stainless both in the state of Maharashtra.Irrigation: The 308.12% increase seen in the Irrigation sector was mostly because of the Rs 81,900 crore Polavaram-Banakacherla Linking project of Irrigation & CAD Dept., Andhra Pradesh. In all, the sector attracted 108 new projects worth Rs 97,769.89 crore against 105 projects worth Rs 23,956.41 crore in the preceding quarter. BY STATESRajasthan topped the fresh investment table with a total investment of Rs 2,69,391.46 crore in the form of 419 new projects. The dominance of Solar/Wind power projects in this quarter was clearly visible in this state. Around 86.4% of the total fresh investment the state attracted was in the Solar/Wind sector. In all, the state attracted 130 new Solar/Wind projects worth Rs 232646.67 crore.Maharashtra had to settle for the second place with 684 new projects worth Rs 2,66,331.42 crore. Besides the investment intentions of Rs 90,000 from Jindal group companies and around 40 Solar/Wind projects, the state also benefited from increased investments in the Real Estate, Tourism, and Data Centre sectors.Following Maharashtra, Gujarat too witnessed a slippage in its rank from 2nd to 3rd in Q1/FY26. In all, the state attracted 459 projects worth 2,09,683.22 crore. After the top-ranked Rajasthan, Gujarat is the next state to benefit the most from the surge in new investment intentions in the Solar/Wind power projects. Around 85% of the total fresh investment the state attracted in Q1/FY26 was found in the Solar/Wind power sector. In all, projects worth Rs 1,78,950 crore investment was seen in this sector.Odisha ranked 4th up from 6th in the preceding quarter, benefited by a couple of steel projects and a super-mega Aluminium smelter project. In all, the state attracted 147 new projects worth Rs 1,90,338.78 crore in the first quarter of FY2026. A Rs 1,28,000.00 crore Aluminium smelter Project at Dhenkanal of Vedanta Ltd. alone accounted for 67.2% percent of the total fresh investment the state attracted during the quarter. This was supplemented by a couple of steel projects worth around Rs 15,000 crore.One super-mega project and scores of Solar/Wind power projects helped Andhra Pradesh to move up from the 9th rank in Q4/FY25 to the 5th rank in Q1/FY26. The state FRESH PROJEX: Q1-FY26(% SHARE IN TOTAL)Central Govt.10.09%State Govt.14.98%Private74.93%FRESH PROJEX: Q4-FY25(% SHARE IN TOTAL)Central Govt.19.31%State Govt.21.47%Private59.22%