SJVN signs MoU with MAHAGENCO to develop 5,000 MW renewable energy projects in Maharashtra

SJVN Limited has signed a memorandum of understanding (MoU) with Maharashtra State Power Generation Company Limited (MAHAGENCO) for the development of 5,000 MW renewable energy projects in Maharashtra.

The MoU has been signed to explore the feasibility of setting up various renewable projects in Maharashtra, which includes hydro, pumped storage, wind, solar, hybrid and green hydrogen projects. Further, SJVN and MAHAGENCO will jointly participate in tenders floated by Government of Maharashtra for renovation and modernisation of small hydro power stations which are operated and maintained by MAHAGENCO. With signing of this MoU, SJVN now has a project portfolio of 54,065 MW, with 2,091.5 MW under operation, and rest under various stages of development .