Mumbai: The state cabinet, headed by Chief Minister Devendra Fadnavis, approved the establishment of a joint venture company between Maharashtra State Power Generation Company (Mahagenco) and Satluj Jal Vidyut Nigam Limited for a 5000 MW renewable energy project on Tuesday.
Union Minister Pralhad Joshi has reaffirmed India’s commitment to renewable energy, stating that the country is making significant progress toward its ambitious target of producing 5 million metric tonnes of green hydrogen annually by 2030.
Prime Minister Narendra Modi inaugurated the world’s first second-generation bioethanol plant in Assam, aiming to reduce India’s dependence on imported crude oil and promote green energy. The bamboo-based plant, along with a new polypropylene plant, is part of an Rs 18,000 crore initiative to boost the region’s industrial sector and support local farmers, fostering self-reliance in energy requirements.
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