Yogi govt targets Rs 50,000 crore private investment in solar energy

Under the new policy, the state is drafting an action plan to develop an exclusive Green Energy Corridor in the arid Bundelkhand region at an investment of about Rs 4,000 crore

Betting big on green energy space, the Yogi Adityanath government in Uttar Pradesh is targetting to attract investment of almost Rs 50,000 crore in the solar energy sector over the next five years till 2022.

Besides, the government is targetting total solar energy generation of about 10,700 megawatt (mw) during the same period vis-à-vis tentative target of 500 mw set by the previous Akhilesh Yadav regime, which was voted out of power in March 2017.

The Yogi cabinet last night put its seal of approval on the new UP solar energy policy, which aims at thrusting the state at the