FICCI, MAHAPREIT Sign MoU to Promote RE in Maharashtra
POWER & RENEWABLE ENERGY

FICCI, MAHAPREIT Sign MoU to Promote RE in Maharashtra

FICCI and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to collaborate on renewable energy, decarbonization, energy efficiency, and environmental compliance across Maharashtra. The partnership aims to promote sustainability and clean energy solutions within the state.

The collaboration will focus on advancing renewable energy projects, supporting industries in adopting decarbonization strategies, improving energy efficiency in large-scale industries and SMEs, and ensuring compliance with environmental regulations as per government policies.

Dinesh Joshi, Co-Chairman of FICCI Maharashtra State Council, highlighted the importance of this partnership in supporting Maharashtra’s sustainable development goals. Bipin Shrimali, Managing Director of MAHAPREIT, noted that this collaboration will address climate change concerns and assist in the state's renewable energy transition.

The MoU also aims to aggregate demand across various sectors, providing affordable sustainability solutions to MSMEs and contributing to Maharashtra’s goal of achieving net carbon neutrality.

FICCI and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to collaborate on renewable energy, decarbonization, energy efficiency, and environmental compliance across Maharashtra. The partnership aims to promote sustainability and clean energy solutions within the state. The collaboration will focus on advancing renewable energy projects, supporting industries in adopting decarbonization strategies, improving energy efficiency in large-scale industries and SMEs, and ensuring compliance with environmental regulations as per government policies. Dinesh Joshi, Co-Chairman of FICCI Maharashtra State Council, highlighted the importance of this partnership in supporting Maharashtra’s sustainable development goals. Bipin Shrimali, Managing Director of MAHAPREIT, noted that this collaboration will address climate change concerns and assist in the state's renewable energy transition. The MoU also aims to aggregate demand across various sectors, providing affordable sustainability solutions to MSMEs and contributing to Maharashtra’s goal of achieving net carbon neutrality.

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Next Story
Infrastructure Energy

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App