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Developers should come forward to quickly complete the renewable projects of Mahagenco- Dr. P.  Anabalgan

 • Mahagenco direct interactions with renewable energy project developers

 • Target to install 8000 MW renewable energy projects by 2030

 (Mumbai, dt. 06/03/2024) : Since the Maharashtra Electricity Regulatory Commission has mandated the purchase of renewable energy for the year 2024-25 at 13.50% Solar, 11.50% other renewables i.e. a total of 25 % renewable power,   It is necessary to increase the production by about 6,000 MW in the next two years. Therefore, there will be a lot of opportunities for project developers in the field of renewable energy.  Dr. P.Anabalagan appealed to the developers to take advantage of this opportunity, increase their professional credit and come forward in this national work.  He was speaking at Hotel Taj, Mumbai at an interactive meet with national level experienced renewable energy project developers organized by Mahagenco.

The program was presided over by the Chairman and Managing Director of Mahagenco.  Dr.P.  Anabalagan, while Director (Project) Abhay Harne, Director (Finance) Balasaheb Thite, Director (Operations) Sanjay Marudkar, Director (Mining) Dr. Dhananjay Sawalkar, Executive Directors Pankaj Nagdevate, Rajesh Patil, Nitin Wagh, Nitin Chandurkar and Chief Engineers Rajesh Kumar Oswal, Sanjay Kurhade, Kishore Raut were mainly present.

Dr.  P.  Anabalagan further said that the state of the art project management will be done with the help of modern technology to speed up the project work.  For this purpose, Mahagenco has started renewable energy field offices in Nashik, Pune and Nagpur with its headquarters at Mumbai.  A team of skilled, experienced experts is ready for this novel task.  Interestingly, a wholly owned  subsidiary company “Mahagenco Renewable Energy Limited” has been established.

In the introduction, Director (Projects) Abhay Harne said that for the upcoming project, Mahagenco has planned for construction and planning of 8,000 megawatt RE projects at a fast pace, which includes projects from 7 megawatt capacity to 300 megawatt installed capacity. This includes,RE  Bundling 1,956 MW, NTPC  2,500 MW by forming a joint venture with Green Energy Limited, S.J.V.N.  5,000 MW Pumped storage Hydro Power Project, Solar Project, Floating Solar Project, 100 MW Solar Power Project with Rahuri Agricultural University, 135 MW Solar and Wind Power Projects with MEDA by forming a joint venture company.  Therefore, the developers should put up their opinion/say regarding the tender terms and conditions, so that it is possible to complete these projects within the time limit through mutual cooperation.

On this occasion, the project developers directly interacted with the Mahagenco  Management to share their views on project details, tender eligibility criteria, project duration, necessary permissions, local constraints, financial criteria, developer registration, technical terms and conditions, quality testing, experience, operations &  maintenance practices, AMC etc. Positive discussion was held.  Also, the developers welcomed the role  and initiative of Mahagenco.

In the beginning, a comprehensive film of the Mahagenco was shown to the developers.  The program was moderated by Deputy Chief Engineer (Solar) Ajay Bagade, while vote of thanks was given by Chief Engineer (Solar) Sanjay Kurhade.  The meeting was attended by senior officials of Mahagenco and a large number of renewable energy project developers across the country.