Mumbai, September 10 (APAC Media): Maharashtra has signed Memoranda of Understanding (MoUs) with JSW Energy Limited and Torrent Power Limited for the development of nuclear power projects in the state, involving a combined proposed investment of Rs 79,000 crore.
Chief Minister Devendra Fadnavis presided over the signing and exchange of the MoUs between the Maharashtra Government’s Energy Department and the two power companies at Sahyadri Guest House in Mumbai.
JSW Energy Project in Ratnagiri
Under its MoU, JSW Energy has proposed developing a 2,800 MW nuclear power plant at Bhiv Bunder in Aghari village, Dapoli taluka, Ratnagiri district.
The project entails a proposed investment of Rs 44,000 crore and is expected to generate 8,000 to 10,000 direct and indirect employment opportunities.
Torrent Power Plans 1,400 MW Plant
Torrent Power has proposed a 1,400 MW nuclear power plant in Ratnagiri district or another suitable location in Maharashtra.
The project involves an estimated investment of Rs 35,000 crore and is expected to create around 1,700 direct and indirect jobs.
Together, the proposed projects represent 4,200 MW of nuclear power capacity, positioning Maharashtra for a significant expansion of its clean-energy infrastructure and strengthening its long-term power generation capabilities.
Minister of State Meghna Bordikar, MLA Abhimanyu Pawar and other dignitaries were present during the MoU exchange.
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