Maharashtra State Power Generation Company Limited

Commissioned on 30 April 2024, the project has an annual generation potential of 58.1 million units with a capacity utilisation factor of 26.53 percent.

19 January, 2026 Awards
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Maharashtra State Power Generation Company Limited’s (MSPGCL) 25 MW Sakri-II Solar Power Project marks a significant milestone in the state’s transition towards affordable, reliable and sustainable energy. Located at Shivajinagar in Sakri taluka of Dhule district, the grid-connected solar photovoltaic plant reflects MAHAGENCO’s strategic response to rising power demand and India’s long-term commitment to achieve net-zero emissions by 2070.

Commissioned on 30 April 2024, the project has an annual generation potential of 58.1 million units with a capacity utilisation factor of 26.53 percent. Developed at a capital cost of ₹187.54 crore over 44.41 hectares, Sakri-II demonstrates how large public sector utilities can successfully integrate renewable energy into the mainstream grid while ensuring commercial viability. Power from the plant is supplied through a balanced mix of open access and competitive power purchase agreements, including long-term and short-term contracts discovered through transparent reverse auctions.

Beyond clean energy generation, Sakri-II addresses two critical challenges: reducing carbon intensity of power generation and delivering affordable electricity to consumers. The project also showcases strong project governance covering land acquisition, competitive bidding, real-time monitoring, timely commissioning and market-linked power sales.

Importantly, Sakri-II builds on the success of Sakri-I, together creating a 50 MW solar hub that offers a scalable and replicable model for future renewable projects across Maharashtra. As the state prepares for a projected power demand of 45 GW by 2035, initiatives like Sakri-II underline the pivotal role of state PSUs in advancing India’s renewable energy goals while strengthening energy security, fiscal prudence and environmental sustainability.

With a designed project life of 25 years and O&M costs capped at ₹5.8 crore for the first five years, Sakri-II strengthens long-term cost efficiency. The project benefits both internal teams and external stakeholders through structured monitoring, commissioning trials and performance oversight, reinforcing operational discipline across the asset lifecycle.

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Building on the commissioning of over 2,014 MW under MSKVY-1.0, the state introduced MSKVY-2.0 on 8 May 2023 under the PM KUSUM-C framework.

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