The incentive aims to accelerate clean-energy investments and support the state’s ambitious renewable power targets.

Maharashtra Cuts Land Transfer Costs for Renewable Energy Projects.

The Maharashtra government has approved a 25% concession on the transfer fee for land acquired for renewable energy projects. Stamp duty on such land transactions will also be waived under the Maharashtra Renewable Energy and Energy Storage Policy 2025–2035-36. The measure aims to reduce project costs and remove financial hurdles that have delayed renewable energy developments. Currently, transfers of land within a company group or subsidiary can attract a fee equivalent to 25% of the land’s market value based on Ready Reckoner rates. The concession will apply only when the land is used exclusively for renewable energy development. If the land is subsequently used or sold for another purpose, the applicable transfer fee will be recovered along with interest. Maharashtra aims to meet 50% of its total electricity demand from renewable sources by 2029-30 and raise the renewable energy share to 65% by 2035-36, making the incentive significant for future clean-energy investments.