In Short : Maharashtra has approved the IPO of MSEDCL alongside a financial restructuring involving borrowing of over ₹32,679 crore. The move aims to strengthen the utility’s balance sheet, improve operational efficiency, and enable infrastructure upgrades. The restructuring includes splitting agricultural and non-agricultural businesses, enhancing transparency, and supporting modernization of power distribution and renewable energy […]
Vikran Engineering Secures ₹530 Crore Power Distribution Orders in Maharashtra – EQ
In Short : Vikran Engineering has secured ₹530 crore worth of power distribution projects in Maharashtra, strengthening grid infrastructure and improving electricity reliability. The contracts include network upgrades, substation development, and distribution enhancements. The projects aim to reduce losses, support growing demand, and improve supply quality while reinforcing the company’s presence in India’s power infrastructure […]
Neuron Energy Launches ₹100 Crore BESS Plant in Maharashtra, Enters Grid Storage Market – EQ
In Short : Neuron Energy has entered grid-scale energy storage with a ₹100 crore battery energy storage system plant in Maharashtra. The project aims to enhance grid stability, support renewable integration, and provide peak power management. The initiative marks the company’s expansion into stationary storage while strengthening India’s energy transition through flexible and reliable battery-based […]
Maharashtra Land Revenue Code (Second Amendment) Act, 2025: Streamlining non-agricultural land conversion in Maharashtra – EQ
The Government of Maharashtra has introduced the most significant structural reforms to land use regulation in the State in recent decades through the Maharashtra Land Revenue Code (Second Amendment) Act, 2025 (“Amendment Act“). The State Legislature by amending the Maharashtra Land Revenue Code, 1966 (“MLRC”) has moved away from a revenue-driven permission system towards a […]
MNRE Urges Maharashtra to Remove Rooftop Solar Capacity Cap to Accelerate Adoption – EQ
In Short : The Ministry of New and Renewable Energy has urged Maharashtra to remove its rooftop solar capacity cap, calling it regressive and restrictive. Eliminating the limit would boost consumer participation, expand distributed solar deployment, and support grid decentralisation. The move is expected to accelerate renewable adoption, reduce electricity costs, and strengthen India’s push […]
Suzlon Wins 100 MW Wind Project Order from GAIL to Expand Renewable Capacity in Maharashtra – EQ
In Short : Suzlon has secured a 100 MW wind energy order from GAIL in Maharashtra, strengthening its order book and supporting renewable capacity expansion. The project will feature advanced wind turbines and long-term service support. The development aligns with corporate decarbonization goals, enhances clean power supply, and contributes to India’s growing wind energy deployment. […]
Ceigall India Strengthens Renewable Portfolio with 337 MW Solar PPAs in Maharashtra – EQ
National – Ceigall India Limited (BSE: 544223 | NSE: CEIGALL) has executed two long-term Power Purchase Agreements (PPAs) through its wholly owned subsidiaries Ceigall Green Energy MH1 Limited and Ceigall Green Energy MH2 Limited, with Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) on 24th March 2026. The agreements cover the development of solar photovoltaic power-generating […]
Maharashtra Ensures Power Surplus to Support Industrial Growth, Says CM Fadnavis – EQ
In Short ; Devendra Fadnavis stated that Maharashtra is currently power surplus and fully capable of meeting industrial energy demands. The assurance highlights strong infrastructure, improved generation capacity, and reliable supply, reinforcing the state’s position as an attractive destination for investments and industrial expansion. In Detail : Devendra Fadnavis has emphasized that Maharashtra is currently […]
Maharashtra’s New RE & Storage Policy 2025–2035 Is Here – EQ
Summary: —- # Maharashtra’s New RE & Storage Policy 2025-2035: Industry Snapshot **Notified on March 18, 2026** — This landmark policy establishes Maharashtra as India’s first state to mandate energy storage as a core requirement for renewable energy integration, fundamentally reshaping procurement, project development, and financing. — ## At a Glance: Key Targets | Metric […]
Maharashtra Renewable Energy & Energy Storage Policy 2025-26 to 2035-36 – EQ
Summary: — ## Key Policy Targets ### Renewable Energy Targets | Target | FY 2029-30 | FY 2035-36 | |——–|————|————| | Share of RE in electricity demand | 43.33% (RPO) | 65% | | RE generation required | ~140 BU | ~228 BU | | Equivalent RE capacity needed | ~60 GW | ~100 GW […]