State Signs Major Agreements with NTPC, Adani Power, Reliance Industries and Lalitpur Power Generation Company for 25,400 MW Nuclear Energy Capacity
Mumbai : Maharashtra has taken a significant step toward strengthening India’s clean energy and energy security goals by signing Memorandums of Understanding (MoUs) worth ₹6.5 lakh crore with leading energy companies for large scale nuclear power generation projects across the state.
The agreements were signed in the presence of Maharashtra Chief Minister Devendra Fadnavis during a high level meeting held at Mantralaya in Mumbai. The projects are expected to generate 25,400 MW of nuclear power and create approximately 1,23,500 direct and indirect employment opportunities.
Speaking on the occasion, Chief Minister Devendra Fadnavis said Prime Minister Narendra Modi has envisioned making India an energy-secure nation with net-zero carbon emissions, and Maharashtra is committed to playing a leading role in achieving that goal.
He said nuclear energy will become a key pillar of Maharashtra’s clean energy strategy and added that the investments would not only boost power generation capacity but also drive industrial development, infrastructure growth and large-scale employment in the state.
The Maharashtra government signed agreements with NTPC Limited, Adani Power, Reliance Industries and Lalitpur Power Generation Company Limited for the proposed nuclear energy projects.
Energy Minister Atul Save, Additional Chief Secretary of the Energy Department Abha Shukla, NTPC Limited Chief General Manager A.P. Samal, Adani Power Business Head Vivek Sharma and Reliance Industries President of Nuclear Energy Business Ranjay Sharan were among those present during the signing ceremony.
Chief Minister Devendra Fadnavis directed the companies to accelerate the implementation process and begin site surveys at the earliest. He assured investors that all concerned state government departments would extend full cooperation for speedy execution of the projects.
According to the agreements, Adani Power will invest ₹1.5 lakh crore in Maharashtra for projects with a generation capacity of 6,000 MW, creating around 12,000 jobs.
Reliance Industries will invest ₹2 lakh crore to establish projects with a capacity of 7,200 MW, which are expected to generate employment opportunities for more than one lakh people.
NTPC Limited will invest ₹1 lakh crore to develop projects with 7,200 MW generation capacity and create around 5,000 jobs.
Lalitpur Power Generation Company Limited will invest ₹2 lakh crore for projects with 5,000 MW capacity, generating around 3,000 employment opportunities.
Officials said the cumulative investment of ₹6.5 lakh crore is expected to significantly strengthen Maharashtra’s position as a leading destination for clean and nuclear energy investments in India while supporting the country’s transition toward sustainable and low-carbon energy generation.
