UP green energy sector gets investment proposals worth Rs 728 billion

In a major shot in the arm of Yogi Adityanath government’s efforts to shore up renewable energy in Uttar Pradesh, the green energy sector has attracted private investment proposals worth over Rs 728 billion.

The green energy sector accounted for over 15% of the composite Rs 4.68 trillion worth of Memorandum of Understanding (MoUs) signed during the two-day UP Investors Summit 2018 on 21-22 February.

The green energy sector with 46 MoUs worth Rs 728 billion stood second only to the state infrastructure sector, which accounted for maximum almost Rs 1.80 trillion worth of MoUs, thus accounting for over 38%