2 min readMumbaiMay 20, 2026 04:58 AM IST
Maharashtra’s coastal Konkan may witness several nuclear power projects totalling 20,400 MW, based on the MoUs signed by the state government with power companies in the country
The state government on Tuesday signed MoU with Adani Power Limited, which will invest Rs 1,50,000 crore in the state, generating 6,000 MW of power and is expected to create 12,000 direct and indirect jobs.
According to senior officials from the state’s Power Department, the company is considering setting up a nuclear power plant at Barsu in Ratnagiri district. Barsu was a chosen place to set up a petrochemical refinery, but the project was stalled following strong opposition from the locals.
As per another MoU, Reliance Industries will invest Rs 2,00,000 crore to generate 7,200 MW of power and may provide over 1,00,000 jobs. The company is considering Purnagadh in Ratnagiri district as a location to set up the power plant.
Similarly, NTPC Limited will invest Rs 1,00,000 crore, with an expected generation of 7,200 MW of power, creating 5,000 jobs. The company is interested in setting up its power plant at Devgadh in Sindhudurg district.
Apart from these MoU, another was signed with Lalitpur Power Generation Company Limited (Bajaj Group) which may invest Rs 2,00,000 crore in the state, generating 5,000 MW of power and creating 3,000 jobs. The company has not given its preferred location as of now.
“All these locations are tentative ones and have not been finalised. There could be a change in the plan as we proceed further. The companies have merely hinted at the locations they are interested in building their power plants,” said a senior official from the Power department.
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The official added that the SHANTI Act opens up the domestic nuclear sector to private Indian entities and global partnerships.
“Prime Minister Narendra Modi has set a goal to make India an energy-abundant nation and achieve net-zero carbon emissions. Maharashtra is making every possible effort to fulfill this objective,” said Chief Minister Devendra Fadnavis who was present during the signing of the MoUs.
The Chief Minister also urged the companies to take swift action to bring these MoUs into actual implementation.
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