diff --git a/api/pom.xml b/api/pom.xml
index 456412cd..5f1df18e 100644
--- a/api/pom.xml
+++ b/api/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <artifactId>parent-conf</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../parent-conf/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/component-archetype/pom.xml b/component-archetype/pom.xml
index 4c78946d..80205537 100644
--- a/component-archetype/pom.xml
+++ b/component-archetype/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>parent-conf</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../parent-conf/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/component-scanner/pom.xml b/component-scanner/pom.xml
index b486e9ce..83f3c362 100644
--- a/component-scanner/pom.xml
+++ b/component-scanner/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>parent-conf</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../parent-conf/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
@@ -30,7 +30,7 @@
         <dependency>
             <groupId>za.co.absa.hyperdrive</groupId>
             <artifactId>api</artifactId>
-            <version>1.0.1-SNAPSHOT</version>
+            <version>2.0.0</version>
         </dependency>
 
     </dependencies>
diff --git a/driver/pom.xml b/driver/pom.xml
index c55070b2..8b7db9b4 100644
--- a/driver/pom.xml
+++ b/driver/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>parent-conf</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../parent-conf/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/ingestor-default/pom.xml b/ingestor-default/pom.xml
index bf9b6759..9913fc20 100644
--- a/ingestor-default/pom.xml
+++ b/ingestor-default/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>parent-conf</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../parent-conf/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/parent-conf/pom.xml b/parent-conf/pom.xml
index f3a16a1f..4f951bf5 100644
--- a/parent-conf/pom.xml
+++ b/parent-conf/pom.xml
@@ -14,12 +14,11 @@
   ~ limitations under the License.
   -->
 
-<project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
-         xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
+<project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
     <parent>
         <artifactId>hyperdrive</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index 6c839025..1dfd7ad2 100644
--- a/pom.xml
+++ b/pom.xml
@@ -20,7 +20,7 @@
     <groupId>za.co.absa.hyperdrive</groupId>
     <artifactId>hyperdrive</artifactId>
     <packaging>pom</packaging>
-    <version>1.0.1-SNAPSHOT</version>
+    <version>2.0.0</version>
     <name>hyperdrive</name>
     <description>Hyperdrive is a configurable and scalable ingestion platform that allows data movement and
         transformation from the fast to the batch layer in a Lambda Architecture on top of Apache Spark.
@@ -54,7 +54,7 @@
         <connection>scm:git:git://github.com/AbsaOSS/hyperdrive.git</connection>
         <developerConnection>scm:git:ssh://github.com/AbsaOSS/hyperdrive.git</developerConnection>
         <url>https://github.com/AbsaOSS/hyperdrive/tree/master</url>
-      <tag>HEAD</tag>
+      <tag>v2.0.0</tag>
   </scm>
 
     <licenses>
diff --git a/shared/pom.xml b/shared/pom.xml
index 4b3becb8..6ac68594 100644
--- a/shared/pom.xml
+++ b/shared/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>parent-conf</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../parent-conf/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/testutils/pom.xml b/testutils/pom.xml
index 4eb15cfe..63a20803 100644
--- a/testutils/pom.xml
+++ b/testutils/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>parent-conf</artifactId>
         <groupId>za.co.absa.hyperdrive</groupId>
-        <version>1.0.1-SNAPSHOT</version>
+        <version>2.0.0</version>
         <relativePath>../parent-conf/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>