Anyone who can supply cheap power to UP is welcome: Shrikant Sharma

State faces a shortfall of 60% in terms of meeting the region's electricity demand

Uttar Pradesh power minister Shrikant Sharma said on Friday that the state would welcome any power suppliers who would supply power at low rates. The state is currently facing acute power shortage.

Yogi Adityanath-led government has cancelled power purchase agreements of 3,200-MW projects that were signed during the tenure of the previous government. Sharma said these projects were only on paper. Currently, the state is meeting its power demand from the Indian Energy Exchange.

"We would welcome anyone who would supply us electricity at low rates," Sharma said. The state generates 40 per cent of its electricity needs, and the shortfall of