Green energy giants plan to invest almost Rs 190 billion in UP

03 Oct 2022 CW Team

The private sector companies have planned to invest close to Rs 190 billion in the state's green energy industry, which will significantly advance the road map for renewable energy in Uttar Pradesh.

These include Greenco Group and JSW Group investment proposals for various renewable energy projects totaling approximately Rs 130 billion and Rs 59 billion, respectively. The UP government has never before had such large investment offers in the embryonic domestic green energy sector.

The state is working toward the Centre's overarching goal of 450 gigawatts (GW) of renewable energy capacity and 500 GW of non-fossil energy capacity by 2030. It is a component of India's dedication to achieving its global goals for green energy and the environment.

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