Maharashtra Approves Renewable Energy Policy Targeting 100 GW Capacity by 2035

Written by: Akshay ShivalkarUpdated on: 19 Mar 2026, 6:27 pm IST
Maharashtra approves a first‑of‑its‑kind policy enabling renewable energy storage for up to 4 hours, targeting 100 GW green power and major investments.
Maharashtra Approves Renewable Energy Policy Targeting 100 GW Capacity by 2035
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Maharashtra has introduced a new long‑term renewable energy framework aimed at significantly expanding green power usage and supporting large‑scale energy storage. The Maharashtra Renewable Energy and Energy Storage Policy 2025–2035 was recently cleared by the state cabinet as part of efforts to boost sustainability and improve grid stability.

The policy focuses on storing renewable power for use during peak demand hours, particularly at night. It also outlines large‑scale investments, capacity targets and incentives to position the state as a national and Asian leader in clean energy.

Battery Storage Capability and Rationale

The policy emphasises the role of Battery Energy Storage Systems capable of storing renewable energy for up to 4 hours. This capability helps manage variability in generation caused by weather conditions and other external factors.

It allows surplus energy produced during peak generation periods to be stored and supplied when demand is higher. As a result, it enhances grid stability, improves utilisation of solar output, reduces reliance on conventional power sources and provides stronger backup support for commercial and industrial users.

Long‑Term Targets and Capacity Expansion

The state has set an ambitious target to source 65% of its electricity from renewable energy by 2035. It also plans to develop 100 GW of renewable energy capacity along with 100 GW hours of daily energy storage capacity.

These goals position Maharashtra as a leading state in the clean energy transition. The policy aligns with the broader objective of achieving 50% renewable capacity by 2030 while supporting future economic growth and rising energy demand.

Investment Outlook and Budgetary Support

The government has proposed an allocation of ₹1,650 crore over 10 years to support the policy’s implementation. This funding is expected to catalyse investments of around ₹3.12 lakh crore in the sector.

The scheme provides incentives for companies establishing renewable energy projects with integrated storage systems. It aims to enable night-time green power usage while enhancing industrial competitiveness and energy security.

Industrial Zones, Consumer Choice and Supporting Measures

The policy provides for land allotment to create Renewable Energy Industrial Zones that will function as hubs for manufacturing, research and technology development in clean energy and storage. It also seeks to expand consumer choice by enabling access to alternative renewable power suppliers.

Additional measures include large-scale procurement of Battery Energy Storage Systems for MSMEs and the introduction of a dedicated tariff category for 100% renewable energy usage. These provisions aim to support industrial consumers while fostering a more competitive and efficient energy market.

Read More: Maharashtra Announces Major Farm Relief Package In ₹7.69 Lakh Crore Budget.

Conclusion

Maharashtra’s Renewable Energy and Energy Storage Policy 2025–2035 marks an important shift towards long‑term sustainability and energy reliability. The introduction of a 4‑hour storage capability supports the integration of variable renewable sources such as solar and wind.

With substantial investment projections and ambitious capacity targets, the policy sets the foundation for large‑scale clean energy expansion. Through supportive measures for industries, consumers and developers, Maharashtra aims to position itself as a leader in renewable energy adoption over the coming decade.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 19, 2026, 2:52 PM IST

Akshay Shivalkar

Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.

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