Maharashtra Clears 780 MW Wind-Solar Hybrid Power Deal With NTPC

The Maharashtra Electricity Regulatory Commission (MERC) has approved a plan by the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to buy 780 megawatts (MW) of wind-solar hybrid power from NTPC. The move is likely to boost renewable energy supply and aid in meeting its Renewable Purchase Obligations (RPO) in 2026-27 and beyond. 

The Maharashtra Electricity Regulatory Commission (MERC) cleared the proposal by Maharashtra State Electricity Distribution Company Ltd (MSEDCL) in an order issued on Wednesday. The contracts will run for 25 years at tariffs of 3.42 to 3.43 rupees per kilowatt-hour, including trading margin.

From Where The Power Will Come 

The power will come from projects awarded through competitive bidding, with Sprng Vayu Vidyut (250 MW), Juniper Green Beta (230 MW) and ACME Renewtech (300 MW) as the winning developers. MERC noted that these tariffs, discovered last year, were already endorsed by the  Central Electricity Regulatory Commission (CERC) and remained competitive compared with other recent renewable procurements.

NTPC, India’s largest power producer, will serve as the intermediary procurer and receive a trading margin of 0.07 rupees per unit. The regulator said the margin complied with national bidding guidelines and CERC trading rules.

Responsibility of MSEDCL 

MERC also emphasised that MSEDCL is responsible for securing timely access to the grid. The utility must coordinate with the state transmission body to avoid delays in delivering the contracted power, as transmission constraints have been a recurring challenge for renewable projects across India.

The approval comes as Maharashtra faces rising electricity demand, particularly from industries and urban households. The state has been under pressure to reduce its reliance on coal-fired generation, which still accounts for the bulk of supply, and to accelerate the adoption of renewable energy.

The order now allows MSEDCL to sign long-term power sale agreements, locking in supply for the next quarter century and adding momentum to the state’s renewable energy trnsition.