Daily News Wrap-Up: MERC Approves 5,991 MW of Solar Power Procurement
POWERGRID secured an ISTS transmission project in Gujarat on a BOOT basis
September 25, 2024
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The Maharashtra Electricity Regulatory Commission (MERC) has given the green light for the Maharashtra State Electricity Distribution (MSEDCL) to procure an additional 5,991 MW of solar power through competitive bidding. The decision aims to meet the state’s Renewable Purchase Obligation (RPO) and provide daytime power to farmers across Maharashtra. The procurement is part of the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a government initiative to solarize at least 30% of agricultural feeders by December 2025.