Business Standard

UP seeks Rs 55 billion investment in Bundelkhand green energy corridor

The Uttar Pradesh government seeks private investments worth Rs 55 billion in the proposed Bundelkhand green energy corridor that is expected to generate 4,000 megawatt (MW) solar power.

ACME, a firm sitting on the largest solar projects, faces fund crunch
Premium

Virendra Singh Rawat Lucknow
The Uttar Pradesh government seeks private investments worth Rs 55 billion in the proposed Bundelkhand green energy corridor that is expected to generate 4,000 megawatt (MW) solar power, said a minister on Friday.

UP additional energy resources minister Brijesh Pathak said the state will foot the bill on evacuating power from solar energy projects of 5 mw and above onto the grid in Bundelkhand and Purvanchal regions.

The state will promote private solar power parks and as public-private partnerships to reduce its dependence on coal and achieve its target of 10,700 mw solar energy generation by 2022.

Pathak, while speaking at UP Green

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in