25,400 MW Output, 1.23 Lakh Jobs: Maharashtra Signs Nuclear Power Deals With 4 Energy Giants

Maharashtra is set to become a major hub for nuclear power generation in India after the state government signed agreements with four big companies to collectively invest Rs 6,50,000 crore in the sector.

The deals, inked at a meeting chaired by Chief Minister Devendra Fadnavis at Mantralaya in Mumbai on Monday, are expected to generate 25,400 megawatts of nuclear power and create over 1.23 lakh jobs across the state.

The four companies that signed the agreements are NTPC Limited, Adani Power, Reliance Industries, and Lalitpur Power Generation Company Limited, part of the Bajaj Group. Fadnavis said the state government will extend full support to these companies, including help with site surveys and clearances, as they move from paperwork to actual

project execution.

Building a 'Power'-ful Maharashtra!⚡

Maharashtra took an important leap today towards becoming an energy powerhouse by signing major MoUs in the nuclear energy sector.

This landmark collaboration with industry leaders such as Adani Power Limited and its Coastal-Maha Atomic… https://t.co/z2D5sNNdTU

— Devendra Fadnavis (@Dev_Fadnavis) May 19, 2026

Breaking down the numbers, Reliance Industries and Lalitpur Power (Bajaj Group) have each committed Rs 2 lakh crore, while Adani Power will bring in Rs 1.5 lakh crore, and NTPC has pledged Rs 1 lakh crore.

On the power generation side, Reliance and NTPC will each contribute 7,200 MW, Adani Power will add 6,000 MW, and the Bajaj Group company will produce 5,000 MW.

🤝CM Devendra Fadnavis presided over the signing and exchange of MoUs between the Government of Maharashtra (Energy Department) and various companies in Mantralaya, Mumbai, today.

Details of the MOUs:

🔸Adani Power Limited and its Coastal-Maha Atomic Energy Limited

For setting… pic.twitter.com/JImsB0e1Gr

— CMO Maharashtra (@CMOMaharashtra) May 19, 2026

Reliance’s investment is also expected to generate over 1 lakh jobs — by far the largest employment commitment among the four — while Adani Power’s projects should create around 12,000 jobs. NTPC and Lalitpur are expected to contribute 5,000 and 3,000 jobs, respectively.

Fadnavis framed the announcements within Prime Minister Narendra Modi’s broader goal of making India an energy-surplus nation with net-zero carbon emissions. Nuclear power, he noted, is a critical piece of that puzzle since it produces large volumes of electricity without the carbon footprint that comes with coal or gas.

The CM urged the companies to move quickly on-site surveys and turn these agreements into ground-level reality. Energy Minister Atul Save and Additional Chief Secretary of the Energy Department Abha Shukla were also present at the signing ceremony.