As per reports, Mohanty, a four-time MLA, suffered from a heart attack following which he was admitted to a private-run hospital in Jharsuguda town, where he breathed his last during treatment.
Mohanty was first elected to the Odisha Assembly from Jharsuguda on Janta party ticket in 1995. Later he was elected twice from the same constituency on BJD ticket in 2000 and 2004. He was the Government Chief Whip for four years during 2004 to 2008. He was again elected from Brajarajnagar on a BJD ticket in 2019.
Mohanty was also the Speaker of the Assembly between August 2008 and May 2009. He was also a member of the Rajya Sabha.
Chief Minister Naveen Patnaik, Union Minister Dharmendra Pradhan and several prominent leaders of the State condoled the demise of the legislator.