Maharashtra Allocates ₹24,889 Cr for Renewable Energy Development in FY2025-26
Maharashtra's spending on renewable energy reached ₹24,889 crore for FY2025-26, accounting for 9.8% of total state expenditure. The state ranks third in India with a renewable energy share of 34.4% of its total installed capacity for 2024-25.
Under the Renewable Energy Certification Mechanism, MEDA has accredited 371 projects totaling 1,182.02 MW capacity by December 2025. The state government has enacted policies to promote renewable energy and has energised 51.26 lakh agricultural pumps. The Mukhyamantri Saur Krishi Vahini Yojana 2.0 has installed 2,887.8 MW of solar capacity since May 2023, while the Mukhyamantri Baliraja Mofat Vij Yojana provides free electricity to over 45 lakh agricultural pump users.
