Maharashtra Regulator Approves 5,991 MW of Solar Power Procurement

25 Sep 2024 CW Team

The Maharashtra Electricity Regulatory Commission (MERC) has given the green light for the Maharashtra State Electricity Distribution (MSEDCL) to procure an additional 5,991 MW of solar power through competitive bidding. The decision aims to meet the state’s Renewable Purchase Obligation (RPO) and provide daytime power to farmers across Maharashtra. The procurement is part of the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a government initiative to solarize at least 30% of agricultural feeders by December 2025. The program is designed to help MSEDCL meet its RPO targets, reduce overall power procurement costs, and improve the quality of electricity supplied to agricultural consumers during the day. The competitive bidding process will be conducted through MSEB Solar Agro Power (MSAPL), a subsidiary of MSEB Holding Company. The procurement will be split into two categories: 5,745 MW under Open Tender & 246 MW in Cluster Tender The additional solar capacity is expected to replace the nighttime supply from conventional sources, potentially leading to significant reductions in overall power purchase costs. This transition will also help improve coal stock management by reducing reliance on thermal power plants during peak daytime hours. The procurement will assist MSEDCL in meeting its increasing RPO targets, which are set to rise from 29.91% in 2024-25 to 43.33% by 2029-30. The distributed RPO component is slated to increase from 1.50% to 4.50% during this period. The solar power procurement will allow MSEDCL to rationalize its dependence on the Koyna hydroelectric power plant, reserving its limited capacity for peak loads and emergencies. This is expected to enhance Maharashtra’s energy security. In May, the Commission approved MSEDCL’s proposal to procure 150 MW of solar power at ?3.3 (~$0.040)/kWh from projects under MSKVY 2.0.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..