Green energy majors to invest nearly Rs 19,000 crore in Uttar Pradesh
Giving a major push to the Uttar Pradesh renewable energy road map, the private sector firms have proposed to invest nearly Rs 19,000 crore in the state green energy sector.
These include investment proposals of about Rs 13,000 crore and Rs 5,900 crore by Greenco and JSW Groups, respectively, in different renewable energy projects. It is for the first time that the UP government has received such mega investment proposals in the nascent domestic green energy space.
According to a senior government official, the state is aligning with the overarching target of the Centre to achieve a 450 gigawatt (Gw) in renewable energy and 500 Gw in non-fossil energy capacity by 2030. It is part of India’s commitment to meeting its international climate and green energy goals.
