Maharashtra government signs Rs 50,000 crore MoU in Davos for renewable energy – EQ Mag Pro
MUMBAI: The Maharashtra energy department on Tuesday signed an MoU of Rs 50,000 crore with ReNew power, one of India’s leading renewable energy companys, at Davos for investments in renewable energy in the state for the next six to seven years.
It was signed in the presence of Maharashtra tourism and environment minister Aaditya Thackeray in Davos, where he is attending the World Economic Forum (WEF) along with state industries minister Subhash Desai and energy minister Nitin Raut. MSEDCL managing director Vijay Singhal, who signed the MoU, told TOI that this was one of the biggest investments for the state in the energy sector. He further said that the MoU has been signed for renewable energy generation in the state through solar and wind. MSEDCL also tweeted : “Big Update from #Davos #WorldEconomicForum – Our CMD Vijay Singhal, IAS signed an MoU of Rs.50000 cr with Mr. Sumant Sinha, CMD, Renew Power in the presence of Hon’ble cabinet Minister @NitinRaut_INC & @AUThackeray. This is pathbreaking for Maharashtra’s Renewable Energy Sector.”
Big Update from #Davos#WorldEconomicForum -Our CMD Vijay Singhal, IAS signed an MoU of Rs.50000 cr with Mr. Suman… https://t.co/8S9npptNCP
— Maharashtra State Electricity Distribution Co. Ltd (@MSEDCL) 1653407443000
A MSEDCL official said, “This will create 30,000 employment. The investment will also be done in renewable energy projects like solar, wind, hybrid energy, green hydrogen plant.”
Source: PTI
