The Maharashtra government has signed Memoranda of Understanding (MoUs) worth ₹6.5 lakh crore with four major companies for nuclear energy projects aimed at boosting clean power generation in the state.
The agreements were signed at Mantralaya in the presence of Chief Minister Devendra Fadnavis.
Companies involved in the projects
The MoUs were signed with:
- NTPC Limited
- Adani Power Limited
- Reliance Industries Limited
- Lalitpur Power Generation Company Limited
Investment and power generation targets
The projects are expected to:
- Attract investments worth ₹6.5 lakh crore
- Generate 25,400 MW of electricity
- Create around 1,23,500 jobs
Company-wise investment details
Reliance Industries Limited
- Investment: ₹2 lakh crore
- Planned capacity: 7,200 MW
- Expected employment: More than 1 lakh jobs
Adani Power Limited
- Investment: ₹1.5 lakh crore
- Planned capacity: 6,000 MW
- Expected employment: Around 12,000 jobs
NTPC Limited
- Investment: ₹1 lakh crore
- Planned capacity: 7,200 MW
- Expected employment: About 5,000 jobs
Lalitpur Power Generation Company Limited
- Investment: ₹2 lakh crore
- Planned capacity: 5,000 MW
- Expected employment: Around 3,000 jobs
Importance of the development
The agreements are significant because they:
- Strengthen India’s clean energy transition
- Expand nuclear power generation capacity
- Support long-term energy security
- Promote industrial growth and employment
- Contribute towards India’s net-zero emission goals by 2070
Key takeaway
The ₹6.5 lakh crore investment initiative positions Maharashtra as a major hub for nuclear and clean energy development in India, while also supporting the country’s broader renewable and low-carbon energy ambitions.