The Federation of Indian Chambers of Commerce and Industry (FICCI) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to jointly advance renewable energy, decarbonization, energy efficiency, and environmental compliance efforts across Maharashtra.
The non-binding partnership aims to accelerate clean energy solutions and drive sustainability within the state.
Key Objectives of the Collaboration:
- Promoting Renewable Energy Projects: The collaboration will focus on facilitating the development and deployment of renewable energy projects throughout Maharashtra. The goal is to enhance energy security and reduce the state’s carbon footprint by leveraging clean energy solutions.
- Driving Decarbonization Initiatives: FICCI and MAHAPREIT are committed to supporting industries and infrastructure projects in adopting decarbonization practices. This will help Maharashtra achieve its net-zero emissions targets and contribute to the global fight against climate change.
- Enhancing Energy Efficiency: The partnership will implement energy efficiency measures across large-scale industries and small and medium-sized enterprises (SMEs). By optimizing energy consumption, the collaboration will reduce carbon emissions and operational costs, aligning with government policies and global best practices.
- Ensuring Environmental Compliance: FICCI and MAHAPREIT will assist businesses in adhering to environmental standards and aligning with sustainability goals. This will ensure a cleaner, greener future for Maharashtra and beyond.
Leadership Statement
Dinesh Joshi, Co-Chairman, FICCI Maharashtra State Council said, “The partnership with MAHAPREIT will allow us to implement impactful initiatives in renewable energy and environmental sustainability.”
He also highlighted how the collaboration aligns with India’s ambitious climate goals and the global sustainability agenda.
Ujjwala Singhania, Co-Chair of the FICCI Maharashtra State Council, added that the collaboration would focus on promoting women-led industrial parks.
These parks would provide sustainable products, services, and solutions, furthering the objectives of the partnership.
Bipin Shrimali, Managing Director of MAHAPREIT, added, “The cooperation between FICCI and MAHAPREIT marks the beginning of a new chapter. It represents the joint efforts of Industry and the Government of Maharashtra.” Together, we will address climate change concerns, facilitate the renewable energy transition, and integrate future energy demands.”
He concluded by noting that the partnership would help achieve a net-zero carbon regime through innovative projects and synergies between both organizations.
A Joint Effort Towards Sustainability
FICCI and MAHAPREIT will collaborate to drive significant progress in renewable energy, decarbonization, and environmental compliance. This partnership will focus on advancing these areas in Maharashtra.
As reported by chinimandi.com, the joint efforts will foster a cleaner, more sustainable future for the state and contribute to the broader global sustainability goals.