MSRTC To Generate 300 MW Solar Power, Save Rs 10 Billion Annually

07 Nov 2025 CW Team

The initiative aims to generate 300 megawatts (MW) of electricity annually — power valued at nearly Rs 10 billion (Rs 1,000 crore) — helping MSRTC significantly reduce costs and its dependence on external power supply.

The plan was announced by Transport Minister and MSRTC Chairman Pratap Sarnaik during a high-level meeting at the corporation’s headquarters on Monday. The meeting was attended by Vice Chairman and Managing Director Dr Madhav Kusekar and other senior officials.

Sarnaik described the upcoming ‘Solar Energy Hub’ as an ambitious model project that could become a benchmark for other state undertakings. Under the scheme, solar panels will be installed not only on the rooftops of depots, workshops, and bus stands, but also across large tracts of unused MSRTC land. If required, additional barren government land will be leased at nominal rates to expand capacity.

Currently, MSRTC consumes around 15 MW of electricity per year, incurring annual expenses of Rs 250–300 million (Rs 25–30 crore) paid to the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). However, with the planned deployment of thousands of electric buses, its power demand is expected to increase sharply to about 280 MW.

By generating its own solar power, MSRTC anticipates savings of nearly Rs 10 billion annually, transforming the corporation’s financial outlook and reducing reliance on state subsidies.

The project will be executed under a public–private partnership (PPP) model, leveraging funding from central and state renewable energy programmes.

“This initiative will not only make MSRTC energy self-sufficient but also set a strong example for renewable energy adoption across Maharashtra,” said Sarnaik, highlighting the corporation’s commitment to sustainability, innovation, and long-term economic stability.

In a major move towards sustainability and financial independence, the Maharashtra State Road Transport Corporation (MSRTC) has unveiled plans to establish large-scale solar energy projects across its vacant land and building rooftops throughout the state. The initiative aims to generate 300 megawatts (MW) of electricity annually — power valued at nearly Rs 10 billion (Rs 1,000 crore) — helping MSRTC significantly reduce costs and its dependence on external power supply. The plan was announced by Transport Minister and MSRTC Chairman Pratap Sarnaik during a high-level meeting at the corporation’s headquarters on Monday. The meeting was attended by Vice Chairman and Managing Director Dr Madhav Kusekar and other senior officials. Sarnaik described the upcoming ‘Solar Energy Hub’ as an ambitious model project that could become a benchmark for other state undertakings. Under the scheme, solar panels will be installed not only on the rooftops of depots, workshops, and bus stands, but also across large tracts of unused MSRTC land. If required, additional barren government land will be leased at nominal rates to expand capacity. Currently, MSRTC consumes around 15 MW of electricity per year, incurring annual expenses of Rs 250–300 million (Rs 25–30 crore) paid to the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). However, with the planned deployment of thousands of electric buses, its power demand is expected to increase sharply to about 280 MW. By generating its own solar power, MSRTC anticipates savings of nearly Rs 10 billion annually, transforming the corporation’s financial outlook and reducing reliance on state subsidies. The project will be executed under a public–private partnership (PPP) model, leveraging funding from central and state renewable energy programmes. “This initiative will not only make MSRTC energy self-sufficient but also set a strong example for renewable energy adoption across Maharashtra,” said Sarnaik, highlighting the corporation’s commitment to sustainability, innovation, and long-term economic stability.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..