Bid & Tender

News

Maharashtra Cabinet Approves JV with NTPC to Set Up Ultra-Mega Solar Park

The proposal to form joint venture company with NTPC to set up an ultra-mega solar park in Maharashtra with 2,500 MW capacity was approved in the cabinet meeting held on 07 April 2022, chaired by Chief Minister Uddhav Thackeray.

 

Maharashtra State Power Generation Co. (MAHAGENCO) will form an equal joint venture with NTPC to set up an ultra-mega solar park in Maharashtra with 2500 MW capacity.

 

For the venture, the State Energy Department has been declared the nodal agency and has been entrusted with the responsibility of complying with the provisions of the unconventional energy policy of the state government.

 

A lumpsum fee from the project holder in the solar energy park and annual operation and maintenance fee etc. has been made permissible as per the guidelines of the Central Government.

BACK

Related News