Maharashtra Looks For 2 GW PV

• Maharashtra's MAHAGENCO has invited expressions of interest to develop 500 MW solar park in Dondaicha
• It also wants developers, EPC companies and investors to look at 1,500 MW for agriculture projects across the state

The Maharashtra State Power Generation Company (MAHAGENCO) has invited expression of interest (EoI) for the development of a 500 MW solar park in Dondaicha and 1,500 MW for agriculture projects across Maharashtra.

Developers, EPC companies and investors were invited to suggest the same at a recent meeting held by the agency.

MAHAGENCO is aiming for 1,500 MW in the agriculture sector by construction of solar projects from 2 to 50 MW across the state.

Maharashtra has to comply with a renewable purchase obligation (RPO) of 12.50% in fiscal year 2017-18, with solar's share at 2%. Next financial year, 2018-19, solar's share needs to increase to 2.75% out of the total RPO of 13.75%, according to market intelligence firm Mercom Capital Group.

Further details about the EoI are available on MAHAGENCO's website.