MSEDCL Plans to Increase Renewable Energy Share to 52% in Five Years, Says CMD Lokesh Chandra – EQ
In Short : Maharashtra State Electricity Distribution Company Limited (MSEDCL) plans to increase the share of renewable energy in its power procurement mix to 52% within the next five years. CMD Lokesh Chandra highlighted the utility’s strategy to expand solar, wind, and green energy sourcing to meet sustainability goals, reduce carbon emissions, and support Maharashtra’s clean energy transition.
In Detail : Maharashtra State Electricity Distribution Company Limited (MSEDCL) has announced plans to significantly increase the share of renewable energy in its electricity supply portfolio. According to its Chairman and Managing Director, Lokesh Chandra, the utility aims to raise the renewable energy share to 52% within the next five years.
The move reflects Maharashtra’s broader commitment to expanding clean energy adoption and reducing dependence on conventional fossil fuel-based power generation. Increasing the renewable share in the power procurement mix will help the state move closer to its long-term sustainability and climate goals.
MSEDCL currently sources electricity from a combination of thermal, hydro, solar, and wind energy projects. The plan to increase renewable energy procurement will involve signing new power purchase agreements with solar and wind project developers while expanding green energy sourcing through competitive bidding mechanisms.
Solar power is expected to play a major role in achieving the target. Maharashtra has strong solar potential, and large-scale solar parks, rooftop installations, and distributed solar systems are being developed across the state to support the growing demand for clean electricity.
Wind energy will also contribute significantly to the renewable expansion strategy. Maharashtra is among the states with strong wind resources, and several wind power projects are already supplying electricity to the state’s grid.
In addition to solar and wind, the utility is exploring other renewable energy options, including hybrid projects that combine solar and wind generation. Hybrid projects can provide more stable electricity output by balancing generation patterns from different renewable sources.
Increasing the renewable share in MSEDCL’s energy mix will also help reduce carbon emissions associated with electricity generation. As more renewable projects come online, the state will be able to gradually replace high-emission power sources with cleaner alternatives.
The strategy is also expected to support India’s national renewable energy targets. Utilities like MSEDCL play a critical role in achieving these goals because they are responsible for procuring electricity and delivering it to millions of consumers across the state.
Overall, MSEDCL’s plan to raise its renewable energy share to 52% highlights the growing importance of clean power in India’s electricity sector. By expanding renewable procurement and strengthening green energy integration, the utility aims to ensure reliable power supply while supporting the transition toward a more sustainable energy system.
