MSRTC Aims to Save INR 1,000 Crore with 300 MW Project

The Maharashtra State Road Transport Corporation (MSRTC) is set to harness solar power across its network of depots, workshops, bus stations, and open land.

Transport Minister and MSRTC Chairman Pratap Sarnaik announced the initiative following a review meeting with senior officials, including Vice Chairman and Managing Director Dr. Madhav Kusekar, stating that the corporation aims to generate around 300 MW of solar electricity annually, valued at nearly INR 1,000 crore. This will make it one of the largest solar projects ever undertaken by a state transport body in India.

“We are creating a ‘Solar Energy Hub’ that will meet the corporation’s growing power needs and turn it into a financially stronger organisation,” Sarnaik said, emphasising that the move aligns with the state’s clean energy goals and will serve as a model of self-sustaining public infrastructure.

Currently, MSRTC consumes about 15 MW of power annually for its operations and pays INR 25–30 crore in electricity bills. With the rollout of thousands of electric buses in the coming years, its total power requirement is expected to rise sharply to 280 MW.

By meeting this demand through in-house solar generation, the corporation anticipates annual savings of up to INR 1,000 crore, significantly reducing its operational costs and reliance on government subsidies.

If needed, additional solar units will be developed on unused government land with the state’s approval, ensuring minimal rental costs. The project will also seek financial support under various central and state renewable energy schemes, optimising capital efficiency.

Sarnaik highlighted that beyond cost savings, the initiative will help create a greener transport ecosystem, with clean energy powering both conventional and upcoming electric fleets. “The savings from solar generation can be channelled back into operations, improving passenger services and supporting sustainable growth,” he said.

Once completed, the MSRTC Solar Energy Hub is expected to become a benchmark for clean and financially resilient public transport in Maharashtra, combining renewable energy adoption with long-term fiscal discipline.