Maha, NTPC to establish ultra-mega 2500-MW solar energy park

Apr 8, 2022 09:58 AM ET
  • The Rs 1,727-crore project proposition, kickstarted in 2020, was authorized by the state Cabinet presided over by Chief Minister Uddhav Thackeray.

The Maharashtra State Power Generation Co (MAHAGENCO) and National Thermal Power Corporation (NTPC) will create a joint venture to establish an "ultra-mega solar park" in the state to create 2,500 MW green power, officials said below on Thursday.

The Rs 1,727-crore project proposition, started in 2020, was authorized by the state Cabinet supervised by Chief Minister Uddhav Thackeray.

Based on the strategies, the NTPC or its subsidiary and MAHAGENCO joint venture will have a capital expense of 50 percent each for developing the ultra-mega solar energy park, and the Energy Department will certainly be the state nodal company.

The parks are proposed to be established under design, purchase as well as commissioning (EPC) agreements in 3 stages ashore possessed by the MAHAGENCO, and also others coming from the state, centre or independently had homes for the mega-venture.

A lumpsum charge from the project owner in the solar power parks, procedure and upkeep fees, etc will be charged.

For non-conventional energy resources, 17,360 MW capacity generation projects will be created by March 21, 2025, which would certainly consist of 12,930 MW of solar power projects.

These projects would certainly create 7,500 jobs during construction as well as 5,000 throughout operations, boost local economic situations, help offer tidy as well as economical energy to the consumers, lower pollution as well as carbon impacts while offering inexpensive alternatives to standard yet expensive fossil fuels.

The ultra-mega solar parks of different capacities shall turn up in phases at determined locations in Latur, Washim, Yavatmal, Chandrapur, Nashik, Jalgaon, Pune, Beed, Ahmednagar, Solapur, Akola, Dhule, and also Hingoli.

For non-conventional energy, 17,360 MW capacity generation projects will be established by March 21, 2025, of which 12,930 MW capacity solar power plants are targeted to be begun.

Currently, there are such projects operating in the state and producing 9,305 MW, and also of these, 2,123-MW are solar power plants.


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