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2,500 MW Solar Park to be Setup by NTPC, Maharashtra Govt JV

Maharashtra State Power Generation Company (MAHAGENCO) and State-owned NTPC will form a joint venture by investing equally, to set up an ‘Ultramega Renewable Solar Park’ in Maharashtra with a power generation capacity of 2,500 MW, as per a statement from the Chief Minister’s office. The decision to form this joint venture was approved by the Maharashtra cabinet on 7th April 2022.

The State Energy Department has been declared as the nodal agency for this joint venture, which will ensure that the JV operates within the scope of provisions of the State Government’s unconventional energy policy.