UP govt will invest Rs 750 million in energy projects

04 Jul 2024 CW Team

The Uttar Pradesh government has lined up investment to the tune of Rs 750 billion in the energy sector amid soaring demand for electricity, which is likely to hit 53,000 megawatts (mw) by 2028. While the peak demand in UP breached the 30,000 MW mark this summer, the incremental demand coupled with industrialization, urbanisation, and proliferating charging infrastructure for e-vehicles will continue to push the power consumption. UP is working on a multipronged roadmap to augment thermal power generation as well as fortify infrastructure to withstand the energy growth trajectory. Of the total Rs 750 million worth of power projects, Rs 430 million will go into ramping up energy feeder infrastructure and installing smart metres across the state. The remaining Rs 320 million will go towards the 1,980 mw Ghatampur and 1,320 mw Obra C plants, which are located in the districts of Sonbhadra and Kanpur, respectively, as thermal projects. Yogi Adityanath, the chief minister of Uttar Pradesh, recently gave authorities orders to accelerate projects that fall within the purview of the state's five power distribution firms (discoms). The discoms include Kanpur Electricity Supply Company (KESCO) (Kanpur area), Dakshinanchal Vidyut Vitran Nigam Limited (Southern UP), Paschimanchal Vidyut Vitran Nigam Limited (Western UP), Madhyanchal Vidyut Vitran Nigam Limited (Central UP), and Purvanchal Vidyut Vitran Nigam Limited (Eastern UP). Due to the rapid advancements in the power infrastructure and distribution system, the state is one of India's top markets for e-vehicles.

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