Maharashtra Cabinet Approves Joint Venture for 5000 MW Capacity Renewable Energy Project

Mumbai: The state cabinet, headed by Chief Minister Devendra Fadnavis, approved the establishment of a joint venture company between Maharashtra State Power Generation Company (Mahagenco) and Satluj Jal Vidyut Nigam Limited for a 5000 MW renewable energy project on Tuesday.

A senior Mantralaya official stated, “The central govt has set a target to bring carbon emissions to zero by 2070. For this, the state govt has set targets to generate 50% energy through renewable energy sources by 2030 and 75% by 2047.”