“Madhya Pradesh’s ambitious Green Energy Mission targets 50% renewable energy by 2030, backed by Rs 50,000 crore investment. The state’s RE Policy 2025 promotes solar, wind, and storage solutions, aiming for 20% green power by 2024 and 30% by 2027. With private sector incentives and grid enhancements, MP is set to lead India’s clean energy transition.”
Madhya Pradesh’s Bold Push for a Green Energy Future
Madhya Pradesh has unveiled an ambitious roadmap to achieve 50% renewable energy in its annual power demand by 2030 under its Renewable Energy (RE) Policy 2025, effective for five years. The policy, applicable to projects with a minimum capacity of 500 kilowatts, outlines a phased approach: 20% renewable energy by FY 2024, 30% by FY 2027, and 50% by FY 2030. This aligns with India’s national goal of 500 GW non-fossil fuel capacity by 2030, as committed under the Paris Agreement.
The state is targeting Rs 50,000 crore in investments by 2027, with Rs 4,000 crore expected in renewable energy manufacturing by 2024 and Rs 10,000 crore by 2027. To attract private and public sector participation, the policy offers a 50% waiver on wheeling charges for renewable energy projects for five years from commissioning. This incentive aims to reduce costs for developers and accelerate project deployment across solar, wind, and hybrid systems.
To address the intermittency of renewable sources, Madhya Pradesh is collaborating with the central government to implement advanced grid management solutions, including energy storage technologies and forecasting mechanisms. These measures are critical to ensuring a stable power supply as the state scales up its renewable energy infrastructure. The policy also emphasizes developing Madhya Pradesh as a hub for renewable energy technology, fostering innovation and job creation.
Recent developments underscore the state’s commitment. For instance, Jindal Stainless acquired a 33.64% stake in SPV Oyster Green Hybrid One, which is developing a 282 MW wind-solar hybrid project in Gujarat and Madhya Pradesh. Additionally, Waaree Renewable Technologies secured a Rs 345 crore EPC order for a 300 MW solar project in Bikaner, Rajasthan, with power supply agreements involving Madhya Pradesh Power Management Company.
The state’s efforts are part of a broader national push for clean energy. India added nearly 600 GW of renewable capacity globally in recent years, with solar and wind dominating new installations. Madhya Pradesh’s proactive policies position it as a leader in this transition, leveraging its vast potential for solar and wind energy to drive sustainable growth.
Disclaimer: This article is based on recent news reports and publicly available information from sources like ET EnergyWorld, JMK Research & Analytics, and The Hindu BusinessLine. Data is accurate as of July 4, 2025, and subject to change. Readers are advised to verify details with official government or industry sources for the latest updates.