, India

SJVN, Maharashtra power generation firm to develop 5,000MW renewable projects

They will explore the feasibility of various projects including hydro and pumped storage.

India’s SJVN signed a memorandum of understanding with the Maharashtra State Power Generation Company (Mahagenco) to develop 5,000 megawatts of renewable energy projects in the state.

In a disclosure, SJVN said the deal will cover feasibility studies for various renewable sectors including hydropower, pumped storage, wind, solar, hybrid, and green hydrogen.

READ MORE: India’s RE capacity reaches 301GW

The two parties will also jointly participate in Maharashtra Government’s tenders to upgrade Mahagenco-operated and maintained small hydropower stations.

The signing of the MOU brings SJVN’s portfolio to 54,065MW. Of which 2,091.5MW are operating.

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