|

MoEFCC clears ToR for Saidongar pumped storage projects

By

The Ministry of Environment, Forest and Climate Change (MoEFCC) granted Terms of Reference (ToR) for the 3,000 MW Saidongar I (Closed loop) Pumped Storage Project and the 1,200 MW Saidongar II (Closed loop) Pumped Storage Project in Maharashtra on February 18, 2025. Torrent Power Limited (TPL) will implement the 3,000 MW Saidongar I project through Torrent Psh 3 Private Limited in Saidongar, Kusur, and Dhak villages, Mawal and Karjat tehsil, Raigarh and Pune districts of…

|

Blue Energy to invest Rs 35 billion in electric trucks in Maharashtra

By

Blue Energy Motors, a key partner in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest Rs 35 billion in establishing an electric truck manufacturing facility.  The facility, set to begin operations in FY 2025-26, will have the capacity to produce 30,000 electric trucks annually. The facility will include advanced research and development capabilities, a battery-pack production line, a motor manufacturing unit, and charging stations.  The…

|

Essar Renewables to invest Rs 80 billion in Maharashtra for RE projects

By

Essar Renewables Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop 2,000 MW of renewable energy capacity. The Rs 80 billion investment will focus on round-the-clock renewable energy projects to power the electric vehicle truck charging infrastructure of Blue Energy Motors and Greenline. The projects are expected to start operations in fiscal year 2026-27, creating over 2,000 direct employment opportunities and boosting Maharashtra’s economic growth. Essar Renewables, a division…

|

Refex Renewables subsidiary partners with LC Infra for solar project

By

Sherisha Rooftop Solar SPV Four Private Limited, a step-down subsidiary of Refex Renewables & Infrastructure Limited, has partnered with LC Infra Projects Private Limited to form LC Infra Solar LLP. The LLP will develop a 150 MW solar power project awarded by Maharashtra State Power Generation Limited. LC Infra Solar LLP has been established with a capital contribution of Rs 10,000, with SPV Four holding a 26% stake.

|

Surana Technologies signs PPA with MSEDCL for solar projects in Maharashtra

By

Surana Technologies Private Limited, a subsidiary of Surana Solar Limited, has signed a power purchase agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25 years.  The agreement covers the development of 54 MW decentralized solar power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. In September 2024, Surana Solar received a Letter of Award (LoA) worth Rs 1.89 billion from MSEDCL for these projects. The work involves…

|

Uttar Pradesh leads RDSS project funding among states

By

An analysis based on a Lok Sabha reply has revealed that Uttar Pradesh, Maharashtra, and Tamil Nadu are the top three states with the highest project cost sanctioned under the Revamped Distribution Sector Scheme (RDSS).  Uttar Pradesh leads with Rs 405.68 billion worth of projects sanctioned, followed by Maharashtra with Rs 324.24 billion and Tamil Nadu with Rs 288.03 billion. The top ten states collectively account for nearly 80% of the Rs 2,771.36 billion total…

|

NTPC Green Energy and MAHAGENCO form JV for renewable energy parks

By

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Maharashtra State Power Generation Company Limited (MAHAGENCO) have established a joint venture company, MAHAGENCO NTPC Green Energy Private Limited (MNGEPL).  The JV was incorporated on November 25, 2024. MNGEPL is a 50:50 partnership focused on developing, operating, and maintaining renewable energy parks in Maharashtra under the Ultra Mega Renewable Energy Power Parks (UMREPP) program.

|

Carbon Minus wins Rs 39.6 billion contracts for solar projects in Maharashtra

By

Carbon Minus Energy Private Limited has secured contracts worth Rs 39.6 billion from Maharashtra State Power Generation Corporation (MSPGCL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) for developing 904 MW of decentralized solar power projects across the state. Out of the total capacity, MSEDCL has awarded 730 MW, while MSPGCL has allocated 174 MW.  The projects are aimed at agricultural feeder-level solarization under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0, a part of…

|

Saatvik Green Energy to supply solar pumps for Maharashtra irrigation

By

Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra. The pumps, ranging from 3 horsepower (HP) to 7.5 HP, aim to enhance water accessibility and support irrigation needs, contributing to sustainable agricultural practices in the region.

|

Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra

By

Gensol Engineering Limited has won a Rs 7.8 billion turnkey engineering, procurement, and construction (EPC) contract from a major public sector utility in Maharashtra for a 150 MW ground-mounted solar PV plant.  The project, slated for completion within 15 months, covers land acquisition, design, engineering, procurement, manufacturing, installation, testing, and commissioning, alongside infrastructure development to connect to the STU substation.  The contract also includes three years of operation and maintenance for the plant, covering switchyard…