New and Renewable Energy Council: Invest in Maharashtra: Powering the Future of Global Energy

Unlocking Unprecedented Growth in Renewable Energy Capacity

Maharashtra, India’s industrial and economic powerhouse, is poised to become the epicenter of the global energy revolution. With an ambitious plan to increase its renewable energy capacity by 200%, the state is leading the charge toward a future powered by clean, sustainable energy. For investors from KSA, UAE, Qatar, Russia, Australia, Brazil, China, Vietnam, and Iran, Maharashtra presents an unparalleled opportunity to shape the future of energy and secure long-term returns in a rapidly growing market.

Why Maharashtra is Your Ideal Energy Investment Destination

Explosive Growth in Renewable Energy Demand

Maharashtra’s energy demand is soaring, driven by its rapid industrialization and urban expansion. With a population of over 120 million and a robust manufacturing base, the state’s energy consumption is one of the highest in India. As Maharashtra shifts towards renewable energy, there is an urgent need to expand its capacity by 200% to meet growing demands sustainably. This transition opens significant opportunities for international investors in renewable energy generation and supply chain development.

Massive Investment Potential in Solar, Wind, and Bioenergy

Maharashtra is uniquely positioned to harness its natural resources—abundant sunshine, coastal winds, and vast agricultural biomass—to become a leader in renewable energy production. By investing in Maharashtra, you tap into:

Solar Energy: With over 300 sunny days a year, Maharashtra is ideal for large-scale solar projects. Investment in solar farms, photovoltaic manufacturing, and solar storage solutions can transform the region into a solar powerhouse.
Wind Energy: The state’s coastal regions are perfect for onshore and offshore wind projects. Investors in wind energy can benefit from Maharashtra’s strategic location and government incentives for wind power expansion.
Bioenergy and Waste-to-Energy: Maharashtra’s vast agricultural sector generates significant biomass, creating opportunities for bioenergy production. Investing in waste-to-energy projects ensures sustainable energy generation while addressing environmental concerns.

Strategic Access to Raw Materials for Energy Generation

Maharashtra’s ambitious plan to expand its energy capacity relies heavily on the reliable supply of raw materials such as silicon for solar panels, rare earth elements for batteries, and wind turbine components. For countries like KSA, UAE, Qatar, Russia, Australia, Brazil, China, Vietnam, and Iran, this represents a unique opportunity to become key suppliers of critical raw materials and components that will fuel Maharashtra’s renewable energy infrastructure.

Secure Supply Chains: Investors in raw materials and energy equipment can build secure, long-term supply chains with Maharashtra, ensuring a steady demand for their products.
Integrated Partnerships: By partnering with Maharashtra, investors can establish joint ventures in manufacturing and supply chains, ensuring that raw materials are efficiently processed and deployed in India’s growing renewable energy market.

Government-Backed Incentives and Support

Maharashtra offers one of the most favorable investment climates in India, with strong government support and incentives to attract foreign investors. The state provides:

Tax Benefits and Subsidies: Investors in renewable energy infrastructure and manufacturing can benefit from tax exemptions, subsidies on capital investments, and reduced import duties on equipment and raw materials.
Streamlined Approval Processes: Maharashtra’s government is committed to facilitating foreign direct investment (FDI) by simplifying regulatory processes and fast-tracking approvals for energy projects.
Long-Term Power Purchase Agreements (PPAs): The state’s energy distribution companies (DISCOMs) are keen to sign long-term PPAs, ensuring steady revenue streams for investors over extended periods.

World-Class Infrastructure and Strategic Location

Maharashtra is India’s financial and industrial hub, with world-class infrastructure that supports large-scale industrial projects and energy distribution. The state’s extensive road, rail, and port networks ensure seamless transportation of energy equipment, raw materials, and power across the region and beyond. Maharashtra’s proximity to international shipping routes provides excellent access to global markets, making it an ideal destination for investors from KSA, UAE, Qatar, Russia, Australia, Brazil, China, Vietnam, and Iran.

Mumbai’s Ports: The ports of Mumbai and JNPT (Jawaharlal Nehru Port Trust) are among the busiest in India, ensuring easy export and import access for materials, technology, and energy products.
Global Connectivity: Maharashtra’s airports and transport infrastructure make it a logistical hub for energy projects, offering investors streamlined connections to major global markets.

Accelerating Innovation in Renewable Energy Technologies

Maharashtra is committed to becoming a leader in energy innovation. The New and Renewable Energy Council is fostering research and development in solar, wind, and bioenergy technologies, positioning the state as a global leader in next-generation energy solutions. For investors, this focus on R&D creates opportunities to partner in the development of cutting-edge technologies and to establish Maharashtra as the hub for energy innovation in India.

VFX & 3D Technology for Energy Projects: Maharashtra’s prowess in visual effects and 3D technology can be leveraged to design and simulate advanced renewable energy projects, optimizing efficiency and scalability for international investors.

Unlocking Export Opportunities for Energy

Maharashtra’s growing energy capacity isn’t just about meeting local demand—it’s about creating a surplus for export. As the state increases its energy production, investors have the chance to develop infrastructure that supports the export of clean energy to neighboring states and countries, including tapping into potential markets in South Asia and the Middle East.

The Opportunity: Doubling Energy Capacity by 200%

Maharashtra’s goal to increase its renewable energy capacity by 200% offers a once-in-a-generation opportunity for global investors to be at the forefront of the world’s clean energy transformation. With a combination of solar, wind, bioenergy, and innovative new technologies, Maharashtra is laying the foundation for a sustainable energy future—and we invite you to be part of this historic journey.

Why Invest Now?

Unmatched Growth Potential

Maharashtra’s renewable energy sector is growing rapidly, with the state’s energy demand expected to double in the next decade.

Strategic Partnerships

By investing in Maharashtra, you gain access to long-term, profitable partnerships with a state that is committed to renewable energy leadership.

Secure Supply Chains

Investors in raw materials and energy technology can become integral suppliers to Maharashtra’s expanding renewable infrastructure, ensuring sustained demand.

Government Support

With significant backing from the Maharashtra government, your investment will benefit from a host of incentives, subsidies, and fast-tracked approvals.

Join Maharashtra’s Renewable Energy Revolution

Maharashtra is on the verge of an energy transformation—and we invite investors from KSA, UAE, Qatar, Russia, Australia, Brazil, China, Vietnam, and Iran to be part of this revolution. By investing in Maharashtra’s renewable energy sector, you’re not just contributing to a cleaner, more sustainable future—you’re securing long-term growth in one of the world’s most dynamic energy markets.

Partner with us to power the future of Maharashtra. Invest today to build a legacy of clean energy and sustainable growth.

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About Make in Maharashtra

The Make in Maharashtra is a Public Benefit Corporation (PBC) with a mission to establish Maharashtra as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtra’s unique position, Make in Maharashtra strives to drive substantial economic growth, spur innovation, and solidify Maharashtra’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.