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Maharashtra to cut electricity tariffs by 26% over five years: CM Fadnavis

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Maharashtra Chief Minister Devendra Fadnavis has announced a phased reduction in electricity tariffs, calling it the first such move in the state’s history. Starting this year, electricity rates will be reduced by 10%, with further cuts planned over the next five years. By 2030, tariffs will drop by a total of 26%. Fadnavis said nearly 70% of the state’s electricity consumers—those using less than 100 units—will benefit most. These users include a large share of…

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Juniper Green commissions solar unit in Wardha

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Juniper Green Energy has commissioned the 59 MWp solar component of its 75 MW wind-solar hybrid project in Wardha, Maharashtra.  The project, called Juniper Green Power Five, is being developed under a Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL). The PPA was signed in November 2024, with the scheduled commercial operation date set for November 2026. Juniper has delivered the project 17 months ahead of schedule. This marks the second…

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Juniper Green commissions 145.99 MWp solar project in Maharashtra

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Juniper Green Energy Private Limited has commissioned a 145.99 MWp solar power project in Chapalgaon village, located in Akkalkot taluka of Solapur district, Maharashtra. The electricity generated from the project will be supplied to the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project marks a key addition to Juniper Green’s growing renewable energy portfolio in India.

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Surana Technologies signs PPA with MSEDCL for solar projects in Maharashtra

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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…

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Shakti Pumps wins Rs 7.54 billion solar water pump contract from MSEDCL

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Shakti Pumps Limited has secured a contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 25,000 stand-alone off-grid direct current solar photovoltaic water pumping systems.  The contract, valued at Rs 7.54 billion, includes the design, manufacture, transport, installation, testing, and commissioning of the systems. In November 2024, Shakti Pumps received an award from the Haryana Renewable Energy Development Agency (HAREDA) for the supply, installation, and commissioning of 17,458 solar water pumping…

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Adani Group to supply 6,500 MW of power to MSEDCL

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Adani Power and Adani Renewable Energy Fifty Five, subsidiaries of the Adani Group, have entered into agreements to supply a combined 6,500 MW of power to the Maharashtra State Electricity Distribution Company Limited (MSEDCL).  Adani Power has signed a 25-year Power Supply Agreement (PSA) to provide the state with approximately 1,500 MW of thermal power. Concurrently, Adani Renewable Energy Fifty Five, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has entered into a Power…

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Oriana Power secures 75 MW solar project from MSEDCL

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Oriana Power Limited has won an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 75 MW solar power plant in Maharashtra. The project falls under Component C of the PM-KUSUM Scheme, focusing on feeder-level solarisation and includes land and transmission line development. Additionally, Oriana Power recently secured a 128 MW solar project from Dalmia Cement in Tamil Nadu, valued at Rs 5.2 billion, further expanding its renewable energy portfolio.

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JSW Energy signs 1,200 MW hybrid power deals with MSEDCL

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JSW Energy’s subsidiaries, JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for two solar-wind hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW.  These agreements, awarded on August 29 and September 10, 2024, are set for 25 years at a tariff of Rs 3.60/kWh, with projects expected to be operational within 24 months. JSW Energy’s…

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JSW, Tata Power, Avaada, Juniper win MSEDCL’s 1,650 MW wind-solar auction

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Maharashtra State Electricity Distribution Company (MSEDCL) has selected JSW Neo Energy, Tata Power Renewable Energy Limited (TPREL), Avaada Energy, and Juniper Green Energy as the winners of its 1,650 MW wind-solar hybrid auction. These companies will supply power on a long-term basis from grid-connected intrastate projects. JSW Neo secured 600 MW, including 400 MW under the greenshoe option, while Tata Power won 400 MW, with 200 MW under the greenshoe option. Avaada Energy was awarded…