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Maharashtra signs MoUs worth INR 6.5 lakh crore for nuclear power projects

#Law & Policy#Industrial#India#Maharashtra
Last Updated : 22nd May, 2026
Synopsis

• Maharashtra has signed MoUs worth INR 6.5 lakh crore with four companies for nuclear energy projects across the state.
• The agreements were executed with NTPC, Adani Power, Reliance Industries and Lalitpur Power Generation Company at Mantralaya, Mumbai.
• The proposed projects are expected to generate nearly 25,400 MW of power capacity and create around 1,23,500 jobs.
• The state government said the investments align with long-term clean energy expansion and rising industrial power demand in Maharashtra.

The Maharashtra government has signed memoranda of understanding (MoUs) with four major companies for proposed investments worth approximately INR 6.5 lakh crore in the nuclear energy sector, with the projects expected to add around 25,400 MW of power generation capacity across the state.


The agreements were signed on Tuesday at Mantralaya in Mumbai in the presence of Chief Minister Devendra Fadnavis and senior state officials. According to the official government statement, the MoUs were executed with NTPC Limited, Adani Power Limited, Reliance Industries Limited and Lalitpur Power Generation Company Limited.

The state government stated that the proposed investments are expected to generate around 1,23,500 direct and indirect employment opportunities during project development and operational phases. The initiative forms part of Maharashtra’s broader strategy to strengthen long-term energy security and expand low-carbon power infrastructure to meet rising industrial and urban electricity demand.

According to information published in reports and the official release, NTPC Limited signed an agreement for development of 2,000 MW nuclear power capacity involving an estimated investment of around INR 80,000 crore. Adani Power Limited entered into an MoU for development of 6,400 MW capacity with proposed investments of nearly INR 1.56 lakh crore.

Reliance Industries Limited signed an agreement for a 6,000 MW nuclear energy project involving investments estimated at around INR 2 lakh crore. Lalitpur Power Generation Company Limited also signed an MoU for development of 10,000 MW nuclear generation capacity with proposed investments of approximately INR 2.94 lakh crore.

Government officials stated that the projects are expected to be implemented in phases subject to approvals, regulatory clearances, land requirements and coordination with central agencies involved in atomic energy and power infrastructure development. The state administration noted that the proposed projects would support industrial growth corridors and future electricity requirements arising from manufacturing, infrastructure and urbanisation projects across Maharashtra.

The official statement further noted that Maharashtra is seeking to expand its clean energy portfolio through multiple renewable and low-emission power generation sources alongside conventional infrastructure investments. The state government indicated that the proposed nuclear power projects are aligned with India’s long-term energy transition objectives and national decarbonisation targets.

The agreements were signed amid increasing focus by several states on securing future power generation capacity to support industrial expansion, data centres, transport infrastructure and urban development projects. Maharashtra currently remains among India’s largest industrial and electricity-consuming states, with continued growth in manufacturing, logistics, commercial real estate and infrastructure sectors driving additional energy demand.

Source : PTI

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