SJVN, a public sector company, has signed a Memorandum of Understanding (MoU) with Maharashtra State Power Generation Company (Mahagenco) to develop renewable energy projects with a total capacity of 5,000 MW in Maharashtra. The MoU was signed in the presence of Maharashtra’s Deputy Chief Minister and Power Minister, Devendra Fadnavis, and State Principal Secretary Energy Abha Shukla. Under the pact, SJVN and Mahagenco will explore the feasibility of different renewable projects, including hydro, pumped storage projects, wind, solar, hybrid, and green hydrogen projects. They will also work together in tenders issued by the Maharashtra government for the renovation and modernisation of small hydropower stations, which are operated and maintained by Mahagenco. This step is in line with India’s goal of achieving 175 GW of renewable energy capacity by 2022.
SJVN and Mahagenco Strike Deal to Develop 5,000 MW of Eco-Friendly Energy Projects in Maharashtra
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