MAHATMA PHULE RENEWABLE ENERGY AND INFRASTRUCTURE TECHNOLOGY LIMITED

In their own words

Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) is a wholly-owned subsidiary of the Mahatma Phule Backward Class Development Corporation (MPBCDC), a State Public Sector Undertaking (PSU) under the Government of Maharashtra. Established in April 2021, MAHAPREIT plays a pivotal role in promoting renewable energy and infrastructure development, with a strong focus on inclusive growth and the upliftment of backward classes. MAHAPREIT's primary objectives are comprehensive and extend across various facets of the renewable energy and infrastructure sectors. MAHAPREIT having objectives to establish and carry-on business of Generating, Trading, Operating, Leasing and Renting Renewable Power Projects, mainly but not limited to Solar Power Projects including Solar Parks along with sub-stations and transmission lines on ownership and/or build, own, and transfer basis. Further objects are to establish and/or carry on business in relation to Decarbonisation and energy efficiency, battery storage solutions, alternative fuel cell technology and climate change issues in accordance with Ministry of New and Renewable Energy (MNRE) schemes/policies or Ministry of Power or any such department of Government of India (GoI) and its PSU/companies and Government of Maharashtra (GoM) Energy Department’s Renewable Energy Policy as amended from time to time and all incidental and allied activities required for such business. In essence, MAHAPREIT is a dynamic state-level entity committed to driving Maharashtra's clean energy transition, fostering sustainable development, and creating economic opportunities, particularly for the backward classes, by leveraging renewable energy and related infrastructure technologies.

Written by the company on its public Startup India profile. Not verified by us.