CM Fadnavis Seals ₹400 Cr Aggreko MoU for Pune Facility
Synopsis
Chief Minister Devendra Fadnavis on 25 May 2026 presided over an MoU between Maharashtra's Industries Department and Aggreko India for a ₹400 crore sustainable energy and temperature-control facility at Fulgaon, Pune, promising up to 1,000 jobs and supporting the state's climate action plan.
Key Takeaways
Chief Minister Devendra Fadnavis presided over the MoU signing in Mumbai on 25 May 2026 .
The facility will be located at Fulgaon, Pune , with a proposed investment of approximately ₹400 crore over 10 years .
The agreement is expected to generate up to 1,000 employment opportunities .
The MoU is aligned with Maharashtra's State Action Plan on Climate Change , targeting energy efficiency and carbon emission reductions.
Officials from the British High Commission attended the signing, reflecting ongoing UK-India clean-technology collaboration.
Aggreko India is a subsidiary of UK-headquartered Aggreko , specialising in temporary power, cooling, and temperature-control solutions.
The Chief Minister's Office of Maharashtra announced on Monday, 25 May 2026 that Chief Minister Devendra Fadnavis presided over the signing of a Memorandum of Understanding between the Government of Maharashtra (Industries Department) and Aggreko India Manufacturing Private Limited in Mumbai, aimed at advancing the state's climate and clean-energy agenda.
Context
The MoU commits Aggreko India to establish operations at Fulgaon, Pune, with a proposed investment of approximately ₹400 crore over 10 years and the creation of up to 1,000 employment opportunities. The agreement centres on deploying sustainable energy and temperature-control solutions across industrial sectors in Maharashtra.
Senior officials from both sides were present at the signing, including Sunny Thakrar (Group Commercial Director and Director, Aggreko India), Stephen Rea (Group Head of Government Relations), Rahul Khare (Managing Director, Aggreko India), and Sunil Deshmukh (Head of Procurement and Global Supply). Representing the UK government were Mark Birrell (Trade Counsellor, British High Commission) and Pratiksha Kshirsagar (Senior Trade Adviser – Energy, British High Commission).
Policy Backdrop
The MoU is explicitly anchored to Maharashtra's State Action Plan on Climate Change, a framework derived from India's National Action Plan on Climate Change (2008), which directed every state to integrate mitigation and adaptation targets into its development agenda. The agreement is designed to strengthen that plan by promoting energy-efficient practices, reducing carbon emissions, and enhancing climate resilience across sectors.
Aggreko India is the local subsidiary of UK-headquartered Aggreko, a global provider of temporary power, cooling, and temperature-control equipment. The presence of British High Commission officials at the signing underscores the broader UK-India bilateral engagement on clean technology, which has gained momentum following joint statements on net-zero pathways in recent years.
Stakeholders and Impact
The Fulgaon industrial zone in Pune district stands to receive a significant manufacturing investment, directly benefiting the local workforce and supply-chain ecosystem. Energy-intensive manufacturers across Maharashtra are the primary intended beneficiaries of the sustainable energy and temperature-control solutions Aggreko India plans to deploy.
Maharashtra has actively courted foreign direct investment in green manufacturing, seeking to balance rapid industrial growth with its climate commitments. This agreement adds to a series of such partnerships the state has pursued, with the UK emerging as a notable partner in the clean-technology space.
What's Next
Attention will now turn to the timelines for land acquisition, construction, and commissioning of the Fulgaon facility, as well as the mechanisms through which annual progress on emission reductions will be tracked and reported under the State Action Plan. The ₹400 crore investment is structured over a 10-year horizon, meaning phased milestones will be critical to assessing delivery against the MoU's climate objectives.
If executed on schedule, the Aggreko facility could serve as a template for attracting further UK and international green-technology investment to Maharashtra's industrial corridors, reinforcing the state's positioning as a destination for climate-aligned manufacturing.
Point of View
The government is building a narrative of green industrialisation ahead of what are likely to be competitive investor-outreach cycles. The British High Commission's active presence at the signing is notable — it signals that UK-India trade ties in the energy sector are being operationalised at the state level, not just through central government frameworks. The real test will be whether the 10-year investment and employment targets are met with enforceable milestones or remain aspirational headline numbers.
NationPress
5 Aug 2026
Frequently Asked Questions
What is the Aggreko India MoU signed in Maharashtra?
It is an agreement between the Government of Maharashtra (Industries Department) and Aggreko India Manufacturing Private Limited to establish a sustainable energy and temperature-control facility at Fulgaon, Pune, with an investment of approximately ₹400 crore over 10 years and up to 1,000 jobs.
Where will the Aggreko India facility be located in Maharashtra?
The facility will be set up at Fulgaon in Pune district, an established industrial location in Maharashtra.
How does this MoU relate to climate change?
The MoU supports Maharashtra's State Action Plan on Climate Change by promoting sustainable energy solutions, energy-efficient practices, and carbon emission reductions across industrial sectors.
Why was the British High Commission present at the MoU signing?
Representatives of the British High Commission attended as Aggreko is a UK-headquartered company, and their presence reflects ongoing bilateral UK-India engagement on clean technology and trade in the energy sector.
How many jobs will the Aggreko Maharashtra project create?
The MoU projects up to 1,000 employment opportunities linked to the Fulgaon facility.
