NTPC, Mahapreit Partner for 10 GW Renewables
POWER & RENEWABLE ENERGY

NTPC, Mahapreit Partner for 10 GW Renewables

NTPC Limited, India's largest power utility, has entered into a Memorandum of Understanding (MoU) with Maharashtra State Electricity Transmission Company Limited (Mahapreit) to develop 10 gigawatts (GW) of renewable energy projects in Maharashtra. This collaboration underscores the commitment of both entities to accelerate the adoption of clean and sustainable energy solutions in the state.

Under the MoU, NTPC and Mahapreit will collaborate on the development of solar, wind, and other renewable energy projects with a combined capacity of 10 GW. The partnership aims to harness Maharashtra's renewable energy potential and contribute to the state's energy transition goals.

The strategic collaboration between NTPC and Mahapreit reflects their shared vision of promoting renewable energy deployment and reducing carbon emissions. By leveraging NTPC's expertise in renewable energy project development and Mahapreit's local knowledge and infrastructure, the partnership is poised to drive significant growth in Maharashtra's renewable energy sector.

The agreement also underscores the importance of public-private partnerships in advancing India's renewable energy agenda and achieving its climate goals. Through collaborative efforts between government agencies and industry players, Maharashtra can unlock its renewable energy potential, create employment opportunities, and stimulate economic growth.

Overall, the MoU between NTPC and Mahapreit marks a significant milestone in Maharashtra's renewable energy journey. It sets the stage for large-scale renewable energy deployment in the state, contributing to energy security, environmental sustainability, and socio-economic development.

NTPC Limited, India's largest power utility, has entered into a Memorandum of Understanding (MoU) with Maharashtra State Electricity Transmission Company Limited (Mahapreit) to develop 10 gigawatts (GW) of renewable energy projects in Maharashtra. This collaboration underscores the commitment of both entities to accelerate the adoption of clean and sustainable energy solutions in the state. Under the MoU, NTPC and Mahapreit will collaborate on the development of solar, wind, and other renewable energy projects with a combined capacity of 10 GW. The partnership aims to harness Maharashtra's renewable energy potential and contribute to the state's energy transition goals. The strategic collaboration between NTPC and Mahapreit reflects their shared vision of promoting renewable energy deployment and reducing carbon emissions. By leveraging NTPC's expertise in renewable energy project development and Mahapreit's local knowledge and infrastructure, the partnership is poised to drive significant growth in Maharashtra's renewable energy sector. The agreement also underscores the importance of public-private partnerships in advancing India's renewable energy agenda and achieving its climate goals. Through collaborative efforts between government agencies and industry players, Maharashtra can unlock its renewable energy potential, create employment opportunities, and stimulate economic growth. Overall, the MoU between NTPC and Mahapreit marks a significant milestone in Maharashtra's renewable energy journey. It sets the stage for large-scale renewable energy deployment in the state, contributing to energy security, environmental sustainability, and socio-economic development.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement