The Mahayuti government has not only taken several decisions but also started implementation for the energy transition.
Maharashtra is the first to implement the world's largest distributed solar program for agriculture after award letters were awarded to 95 project developers in March for a massive 9,000 MW solar power capacity dedicated for daytime reliable power supply for agriculture. The state has been formed.
The proposed 9,000 MW capacity will be deployed in a distributed manner covering 1,368 sub-stations and 5,293 agriculture feeders across the states.
The state Cabinet had last month approved borrowing of Rs 17,000 crore (Rs 8,109 crore) from the Asian Development Bank (₹ 8,109 crore) and Asia Infrastructure Development Bank (₹ 9,020 crore) to strengthen the network of agricultural solar pumps across the state.
The Maharashtra government signed an MoU with state-run NTPC Green Energy for the development of green hydrogen and its derivatives such as green ammonia and green methanol up to 1 million tonne per annum capacity.It is a part of the state government's green investment plan for the next five years. The agreement envisages a potential investment of approximately Rs 80,00 crore.
The MoU also includes construction of pumped storage projects of up to 2 gigawatt (GW) in the state and development of renewable energy projects with or without storage up to 5 GW.
The initiative aims to provide uninterrupted power supply to farmers for 12 hours a day. With the government's decision, 40 percent of agricultural feeders will be able to run on solar energy by 2025.The government's decision is important as it gives electricity to farmers at a concessional rate of Rs 1.25 per unit, which leads to an expenditure of Rs 13,00 crore.
There are 1.6 crore farmers in Maharashtra, of which 78 percent are in the lower and marginal category. Solar power will not only help in cost-effectiveness but will also help in working in the fields after sunset.
The Government of Maharashtra has also launched a Green Hydrogen Policy for the production of green hydrogen – hydrogen produced by electrolyzing water. This policy is in line with the National Green Hydrogen Mission.The Cabinet has approved a sum of Rs 8,562 crore to provide subsidies and benefits to companies producing this green energy in the coming years.
The government aims to make Maharashtra a leader in green hydrogen and IT derivatives ecosystem in the country, with a production target of 500 kilotonnes per year of green energy by 2030.
As far as installation of smart meters is concerned, state-run Maharashtra State Electricity Distribution Company (Mahavitaran) has already awarded contracts worth Rs 13,888 crore.
The existing traditional meters of more than two crore consumers in the state will be replaced with prepaid smart meters. After installation, customers will be able to decide how much they have to spend on electricity.
Maharashtra is the first to implement the world's largest distributed solar program for agriculture after award letters were awarded to 95 project developers in March for a massive 9,000 MW solar power capacity dedicated for daytime reliable power supply for agriculture. The state has been formed.
The proposed 9,000 MW capacity will be deployed in a distributed manner covering 1,368 sub-stations and 5,293 agriculture feeders across the states.
The state Cabinet had last month approved borrowing of Rs 17,000 crore (Rs 8,109 crore) from the Asian Development Bank (₹ 8,109 crore) and Asia Infrastructure Development Bank (₹ 9,020 crore) to strengthen the network of agricultural solar pumps across the state.
The Maharashtra government signed an MoU with state-run NTPC Green Energy for the development of green hydrogen and its derivatives such as green ammonia and green methanol up to 1 million tonne per annum capacity.It is a part of the state government's green investment plan for the next five years. The agreement envisages a potential investment of approximately Rs 80,00 crore.
The MoU also includes construction of pumped storage projects of up to 2 gigawatt (GW) in the state and development of renewable energy projects with or without storage up to 5 GW.
The initiative aims to provide uninterrupted power supply to farmers for 12 hours a day. With the government's decision, 40 percent of agricultural feeders will be able to run on solar energy by 2025.The government's decision is important as it gives electricity to farmers at a concessional rate of Rs 1.25 per unit, which leads to an expenditure of Rs 13,00 crore.
There are 1.6 crore farmers in Maharashtra, of which 78 percent are in the lower and marginal category. Solar power will not only help in cost-effectiveness but will also help in working in the fields after sunset.
The Government of Maharashtra has also launched a Green Hydrogen Policy for the production of green hydrogen – hydrogen produced by electrolyzing water. This policy is in line with the National Green Hydrogen Mission.The Cabinet has approved a sum of Rs 8,562 crore to provide subsidies and benefits to companies producing this green energy in the coming years.
The government aims to make Maharashtra a leader in green hydrogen and IT derivatives ecosystem in the country, with a production target of 500 kilotonnes per year of green energy by 2030.
As far as installation of smart meters is concerned, state-run Maharashtra State Electricity Distribution Company (Mahavitaran) has already awarded contracts worth Rs 13,888 crore.
The existing traditional meters of more than two crore consumers in the state will be replaced with prepaid smart meters. After installation, customers will be able to decide how much they have to spend on electricity.
