Massive 2000 MW Renewable Energy Push Announced as NLC India and MAHAPREIT Launch Game-Changing Joint Venture in Maharashtra
NLC India Renewables and MAHAPREIT team up to deliver up to 5000 MW green power, setting new benchmarks for India’s clean energy ambitions in 2025.
- 2,000 MW – Renewable energy target for the new JV’s initial phase
- 5,000 MW – Ultimate green power goal for Maharashtra
- 74% Ownership – NLC India Renewables stake in the new venture
- 500 MW – Rapid build-out set for Phase I
Maharashtra is on the cusp of an energy revolution. In a monumental move set to change India’s green power landscape, NLC India Renewables Limited (NIRL), a government-owned clean energy giant, has joined forces with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). The result: a powerful joint venture aiming to supercharge Maharashtra’s renewable energy capacity like never before.
This strategic alliance follows an earlier Memorandum of Understanding inked this April, demonstrating both companies’ commitment to accelerating the green transition. With this new Joint Venture Company (JVC), plans are already in motion to develop sweeping renewable energy projects — think solar farms, wind arrays, hybrid platforms, floating solar installations, advanced Battery Energy Storage Systems (BESS), pumped hydro storage, and large-scale solar parks.
What Makes This JV a Game Changer for India’s Energy Sector?
The JVC is designed to be a powerhouse, kicking off with an ambitious 500 MW build in its first phase, then scaling up to a staggering 5,000 MW in Maharashtra alone. Experts say this scale-up could propel the state to the forefront of India’s renewable transformation.
The partnership brings together NIRL’s proven expertise in project execution and MAHAPREIT’s regional nous—perfectly positioned to maximize Maharashtra’s vast renewable energy potential. NIRL will lead on technical design, financing, and project development, while MAHAPREIT secures land and spearheads grid connectivity.
How Will the New Projects Impact Maharashtra’s Power Landscape?
These green projects will deliver clean energy to a diverse range of consumers, including state utilities, government agencies, big businesses, and industry. The JVC plans to sell power using both regulated and competitive market channels, ensuring flexible and resilient energy delivery.
This initiative comes at a pivotal time for India, as the country races to decarbonize electricity and hit ambitious climate targets. It also aligns with goals set out by the Ministry of Power and aligns with national priorities on climate resilience. Government officials have voiced strong confidence in the JV’s capacity to catalyze sustainable growth and guarantee energy security.
Q&A: What Should Investors and Citizens Know?
Q: Who benefits from this mega-project?
Industries, local communities, and the wider economy will see positive impacts, from job creation in the green sector to stable, clean electricity supplies.
Q: How soon will Maharashtra start seeing results?
With the first 500 MW already prioritized, residents and businesses can expect fresh green power within just a few years as key sites are rapidly developed.
Q: What’s unique about this partnership?
By combining NIRL’s national experience with MAHAPREIT’s regional muscle, the JV creates a template for future collaborations across India.
How to Track Renewable Energy Trends and Network with Industry Leaders
For professionals eager to keep up with rapid changes in renewable energy and electronics, the Evertiq Expo returns to Berlin on June 5, 2025—a hotspot for meeting industry leaders and soaking up the latest insights.
To never miss an update on India’s renewable transformation and related industry news, subscribe to trusted platforms like Economic Times Energy and LiveMint.
Ready to join the green revolution? Here’s your action plan:
- Watch for new solar and wind project announcements from NIRL and MAHAPREIT
- Sign up for renewable energy industry newsletters for breaking news
- Follow official sites like NLC India and Maharashtra government for project updates
- Network at top industry expos, such as Evertiq Expo in June 2025
India’s clean energy frontier is opening fast. Don’t miss your chance to be part of Maharashtra’s green surge!