New Delhi, Jun 14 (PTI) SJVN on Wednesday signed an agreement with Mahagenco to develop renewable energy projects with a total capacity of 5,000 megawatts (MW) in Maharashtra.

The MoU was signed by SJVN Director (Personnel) Geeta Kapur and Mahagenco CMD P Anablagan in the presence of Devendra Fadnavis -- Deputy Chief Minister and Power Minister of Maharashtra and State Principal Secretary Energy Abha Shukla, SJVN said in a statement.

Also Read | Cyclone Biparjoy: Defence Minister Rajnath Singh Speaks to Three Service Chiefs, Reviews Preparation of Armed Forces To Deal With Impact.

"Nand Lal Sharma, Chairman & Managing Director, SJVN informed that the company has signed a Memorandum of Understanding (MoU) with Maharashtra State Power Generation Company (Mahagenco) for the development of 5,000 MW Renewable Energy Projects in the state of Maharashtra," the company said.

Under the pact, the companies will explore the feasibility of setting up various renewable projects in Maharashtra, including hydro, pumped storage projects, wind, solar, hybrid and green hydrogen projects, the CMD said.

Also Read | Sushant Singh Rajput Third Death Anniversary: Sister Shweta Singh Kirti Pays Emotional Tribute to the Actor (View Post).

SJVN and Mahagenco will jointly participate in tenders floated by the Maharashtra government for the renovation and modernisation of small hydropower stations, which are operated and maintained by Mahagenco, he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)