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Mumbai (Maharashtra) [India], May 4 (ANI/BusinessWire India): Global Energy Alliance for People and Planet (GEAPP) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have announced a strategic partnership to enable the implementation of solar projects of 1000 MW across the state of Maharashtra, India. The MoI was signed to accelerate the adoption of renewable energy and promote sustainable development. Under this partnership, GEAPP and MAHAPREIT will collaborate in enabling the implementation of 500 MW of rooftop solar for small and medium enterprises (SMEs) and 500 MW of ground-mounted decentralised solar under the Prime Minister of India led KUSUM program. The Maharashtra government announced the target of installing 200,000 solar agricultural pumps in the state. Also, the program will target enterprises across the 105+ SME clusters with a scaling up potential of 2.5 GW. The partnership aims to support MAHAPREIT in managing, designing, and developing investment projects. We are delighted to have GEAPP as our partner to support us with the implementation of solar projects of 1000 MW across the state. Through this partnership we re-affirm our commitment towards a sustainable development of Maharashtra. This initiative will also encourage green investments and generate jobs supporting India's smooth energy transition said Bipin Shrimali, Chairman and Managing Director, MAHAPREIT. On the initiative, Ravi Venkatesan, Global Chairperson, GEAPP, said, "As GEAPP, we are committed to acting boldly in driving the transition towards renewable energy and reducing our carbon footprint. This MoI is a step in that direction, and we hope to provide avenues for clean and affordable energy to reach the people of Maharashtra. I believe our partnership will support the Maharashtra government's commitment to generating 22 GW of renewable energy in the state. With the combined expertise of both MAHAPREIT and GEAPP, we are confident that we will be able to successfully implement the solar projects of 1000 MW and contribute towards a sustainable future." The collaboration will also facilitate the creation of a sustainable business model for all stakeholders and provide institutional support to MAHAPREIT for the successful implementation of the project. With this project, GEAPP will solarise agriculture feeders and SMEs, impacting 1 million lives across the state by 2026. "Our partnership with MAHAPREIT will pave the way for sustainable energy solutions in the state of Maharashtra. This collaboration marks a significant step towards achieving our shared vision of promoting energy transition and reducing carbon footprint powered by renewable energy," said Saurabh Kumar, Vice President, GEAPP in India. "Maharashtra has an estimated 8.4 lakh SMEs, which constitutes about 8 per cent of the total SMEs in the country. While large industries have better access to technical advisory and expert support, the sector still seeks financial aid (loans, credit facilities). However, the same is not as easily accessible to SMEs. Through this collaboration, we aim to empower SMEs and rural communities with access to clean and affordable energy." The partnership was formalised at a signing ceremony in Mumbai, Maharashtra, attended by Bipin Shrimali, Chairman and Managing Director, MAHAPREIT; Ravi Venkatesan, Chairman; GEAPP; and Saurabh Kumar, Vice President, GEAPP in India. This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

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India ,Mumbai ,Maharashtra ,Ravi Venkatesan ,Bipin Shrimali ,Saurabh Kumar ,Mahatma Phule Renewable Energy ,Infrastructure Technology Limited ,Global Energy Alliance For People ,Businesswire India ,Global Energy Alliance ,Prime Minister ,Managing Director ,Global Chairperson ,Vice President ,Mumbai Maharashtra India ,Ay 4 Ani Businesswire India Global Energy Alliance For People And Planet Geapp Mahatma Phule Renewable Infrastructure Technology Limited Mahapreit Have Announceda Strategic Partnership To Enable The Implementation Of Solar Projects 1000 Mw Across State Maharashtra ,Ndia The Moi Was Signed To Accelerate Adoption Of Renewable Energy And Promote Sustainable Development Under This Partnership ,Eapp And Mahapreit Will Collaborate In Enabling The Implementation Of 500 Mw Rooftop Solar For Small Medium Enterprises Smes Ground Mounted Decentralised Under Prime Minister India Led Kusum Program Maharashtra Government Announced Target Installing 200 ,000 Solar Agricultural Pumps In The State Also ,He Program Will Target Enterprises Across The 105 Sme Clusters Witha Scaling Up Potential Of 2 5 Gw Partnership Aims To Support Mahapreit In Managing ,Resigning ,Nd Developing Investment Projects We Are Delighted To Have Geapp As Our Partner Support Us With The Implementation Of Solar 1000 Mw Across State Through This Partnership Re Affirm Commitment Towardsa Sustainable Development Maharashtra Initiative Will Also Encourage Green Investments And Generate Jobs Supporting India 39s Smooth Energy Transition Said Bipin Shrimali ,Chairman And Managing Director ,Ahapreit On The Initiative ,Weapp ,Aid ,Uot As Geapp ,E Are Committed To Acting Boldly In Driving The Transition Towards Renewable Energy And Reducing Our Carbon Footprint This Moi Isa Step That Direction ,Nd We Hope To Provide Avenues For Clean And Affordable Energy Reach The People Of Maharashtrai Believe Our Partnership Will Support Maharashtra Government 39s Commitment Generating 22 Gw Renewable In State With Combined Expertise Both Mahapreit Geapp ,E Are Confident That We Will Be Able To Successfully Implement The Solar Projects Of 1000 Mw And Contribute Towardsa Sustainable Future Quot Collaboration Also Facilitate Creation Ofa Business Model For All Stakeholders Provide Institutional Support Mahapreit Successful Implementation Project With This ,Eapp Will Solarise Agriculture Feeders And Smes ,Mpacting 1 Million Lives Across The State By 2026 Quot Our Partnership With Mahapreit Will Pave Way For Sustainable Energy Solutions In Of Maharashtra This Collaboration Marksa Significant Step Towards Achieving Shared Vision Promoting Transition And Reducing Carbon Footprint Powered Renewable ,Uot Said Saurabh Kumar ,Eapp In India Quot Maharashtra Has An Estimated 8 4 Lakh Smes ,Hich Constitutes About 8 Per Cent Of The Total Smes In Country While Large Industries Have Better Access To Technical Advisory And Expert Support ,He Sector Still Seeks Financial Aid Loans ,Redit Facilities However ,He Same Is Not As Easily Accessible To Smes Through This Collaboration ,E Aim To Empower Smes And Rural Communities With Access Clean Affordable Energy Quot The Partnership Was Formalised Ata Signing Ceremony In Mumbai ,Ttended By Bipin Shrimali ,Ahapreit Ravi Venkatesan ,Hairman Geapp And Saurabh Kumar ,Eapp In India This Story Is Provided By Businesswire Ani Will Not Be Responsible Any Way For The Content Of Article ,

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