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Written by 12:59 pm Sustainable Manufacturing

Maharashtra to meet 50% of energy needs from non-traditional sources by 2030: Deputy Chief Minister Mr. Devendra Fadnavis

Maharashtra Deputy Chief Minister Mr. Devendra Fadnavis announced that the state aims to be the first in India to meet 50% of its energy needs from non-traditional power sources by 2030. Speaking at the foundation stone-laying ceremony for Avaada Electro Pvt Ltd’s integrated solar ingot, wafer, cell, module, and electrolyzer manufacturing facility in Nagpur MIDC (Maharashtra Industrial Development Corporation), he highlighted significant advancements in Maharashtra’s solar energy sector. In the past 2.5 years, the Maharashtra government has approved solar projects with a total capacity of 20,000 megawatts (MW). Historically, since independence, the state has had a capacity of 40,000 MW of solar energy. However, in just one year, the capacity of solar pump storage projects has reached 55,000 MW. Additionally, the combined capacity of wind and solar projects now stands at approximately 20,000 MW.

He emphasized that, given the government’s commitment to developing solar and non-traditional energy initiatives, Maharashtra is on track to achieve its goal by 2030. Regarding the Avaada project, he noted that the company is set to invest nearly US$ 1.67 billion (Rs. 14,000 crore), with production expected to commence by April 2025. The project is projected to create 5,000 direct jobs, committed to 51% participation of the women workforce.


Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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