MERC approve MSEDCL’s 1,600 MW Solar Procurement at Competitive Tariffs

Maharashtra Electricity Regulatory Commission approved MSEDCL’s 1,600 MW solar procurement at competitive tariffs, supplied by four developers. Power sale agreements span 25 years, commencing June 2026, with tariffs between ₹2.66–₹2.72/kWh, lower than FY24 average costs. MSEDCL plans 12,693 MW additional solar by 2033–34, managing surplus via 3,500 MW pumped storage and 2,750 MW battery energy storage.