Maharashtra to take joint venture route for solar push
Maharashtra State Power Generation Company Limited (MahaGenco) is looking at public-private partnership (PPP) and joint venture routes to undertake works for adding 2,500 megawatt (mw) grid-connected solar energy capacity in three years.
The state power generation utility already has 180 mw of installed capacity in grid-connected solar power.
The new and renewable energy policy approved by the state government aims at creating 14,400 mw of fresh grid-connected installed capacity in the sector by 2020. This includes 7,500 mw from solar energy, of which the MahaGenco will undertake works on 2,500 mw. The Maharashtra Energy Development Agency (Meda) will contribute the rest.
“We are preparing models for adding this 2,500 mw capacity, of which 500 mw projects will be erected on the MahaGenco’s own lands on EPC (engineering, procurement, and construction) basis while 1,000 mw will be added through PPP and joint ventures with private partners. We are planning a 500 mw solar park at Dondaicha in Dhule under the Central government’s scheme while the remaining 500 mw will be added on government lands, metro rail networks, irrigation department projects, water bodies and canals and through distributed generation for energising agricultural feeders,” a senior MahaGenco official told DNA Money