The utility of Indian state Maharashtra – the Maharashtra State Power Generation Company (MAHAGENCO) last week invited an expression of interest for solar developers and EPCs to build up to 2 GW of new solar power capacity projects to solarize state’s agriculture feeder infrastructure.

It will construct a 500 MW solar PV plant in Dondaicha which would be among the biggest in India if commission and a 1.5 GW of PV capacity could be added right across the state in a series of small solar farms located at agriculture feeder installations.

The aim of the latter project is to solarize Maharashtra’s agricultural sector, helping to deliver more reliable power and lower energy costs to this vital segment of the state’s economy.

According to MAHAGENCO”s expression of interest, developers would be invited to construction solar plants ranging from 2 MW to 50 MW as part of this solarization drive, which Mercom Capital Group calculates will make a big dent in the fulfilling the state’s renewable purchase obligation (RPO) if fully commissioned.

Maharashtra’s RPO has been fixed at 12.5% for 2017-18, of which 2% must be derived from solar. These figures rise to 13.75% and 2.75% respectively next financial year.

Mercom Capital believes that if the state can commission all 2 GW of this proposed solar capacity, it will be of huge financial benefit for MAHAGENCO.

here is company details.

 

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