Uttar Pradesh turns focus on solar power, to set up 10,700 MW solar plants by 2022
The solar power project in the state hold promise as many companies have shown interest in setting up projects. Under the UP solar energy policy, Yogi govt is eyeing private investment of Rs 50 billion over next 2-3 years.
New Delhi: Uttar Pradesh government has turned its focus on harnessing the potential of solar power to meet state’s energy requirements.
Reiterating the ambitious target of installing 10,700 MW solar energy projects by 2022, Chief Minister Yogi Adityanath said that the work was going on a war-footing to turn the state into a self-sufficient entity. CM Yogi said this while speaking at the Renewable Energy Investment Meet and Expo 2020.
A new solar policy was rolled out in the state in 2017 and private sector investment was sought in the highly ambitious project, for its all-round development.
Of the total capacity, 4,300 MW is targeted to be achieved through deployment of grid connected rooftop projects, and 6,400 MW through ground mounted utility scale power projects.
Underlining govt’s motto of “Sabka Saath, Sabka Vikas”, CM Yogi Adityanath said that every part of the state should receive investment so that holistic development could take place.
Yogi govt eyes Rs 50 billion investment by 2022
The solar power project in the state hold promise as many companies have shown interest in setting up projects. Under the UP solar energy policy, Yogi govt is eyeing private investment of Rs 50 billion over next 2-3 years.
Top energy companies like Adani Power, Essel Infraprojects Limited, Azure Power, Sukhbir Agro Energy Limited, Amplus Energy Solutions and CleanMax Solar have shown interest in setting up solar power units.
Under the policy, Yogi government would also prepare an action plan to develop a green energy corridor in Bundelkhand region at an investment of about Rs 40 billion. Bundelkhand is also ideal for solar energy since it is abundant in the barren land to set up new plants.