Energy projects may get ₹1.5 trn funding
Business Standard|October 03, 2024
With Uttar Pradesh's peak energy demand expected to top 53,000 megawatt (mw) by 2028, the state is expected to garner public and private sector investment of ₹1.5 trillion in the next 4 to 5 years.
VIRENDRA SINGH RAWAT
Energy projects may get ₹1.5 trn funding

The estimated investment in the UP energy projects would span the entire value chain of generation, transmission and distribution encompassing both conventional and renewable energy domains.

Indian Electrical and Electronics Manufacturers' Association (IEEMA) President Sunil Singhvi said the energy landscape would play a vital role in propelling UP's $1 trillion economy goal.

“While the public sector investment in the UP energy sector is expected to be ₹90,000 crore, the private sector contribution would augment the state's total investment kitty to nearly ₹1.5 trillion in 4-5 years,” he added.

In 2024, UP's peak power demand breached the 30,000 mw mark, owing to incremental demand, growing industrialisation, urbanisation and expanding charging infra for e-vehicles across the state.

هذه القصة مأخوذة من طبعة October 03, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 03, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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