UP govt plans to invest ₹5,500 cr in green energy corridor in Bundelkhand
LUCKNOW : The state government plans to invest ₹5,500 crore in a Green Energy Corridor in the Bundelkhand region, which would generate 4,000 mw of solar energy.
State conventional energy sources minister Brajesh Pathak, on Friday, made this disclosure at the Uttar Pradesh Green Summit organised by the UP chapter of the PHD Chamber of Commerce and Industry in association with the UPNEDA.
Addressing the gathering, Pathak said: “The state government is giving preference to the private sector to generate solar energy. The government is also waiving off the stamp duty to set up of solar power generating units. “Soon, a Green Energy Corridor will come up in Bundelkhand region for generating 4000 mw of solar energy through an investment of Rs 5500 crore,” he said. The initiative is part of the state government’s focus on the Bundelkhand region.
On the occasion, principal secretary (conventional energy sources) Alok Kumar, said, “The state government’s solar energy policy -2017 offers many concessions for setting up solar power units.” In his welcome remarks, PHD Chamber Co-Chairman (UP Chapter) Mukesh Bahadur Singh said that climate change was one of the greatest challenges and the main cause for it was our dependence on fossil fuels which are fast depleting. He emphasised that harnessing renewable sources of energy was the only solution.
PHD Chamber Co-Chairman (UP Chapter) Gaurav Prakash discussed the current scenario of renewable energy sector in the state. He said that switching to renewable energy, such as solar energy, wind energy and bio-energy was the need of the hour.
At the summit, speakers deliberated on maximising generation and dependability on renewable sources of energy.
Around 165 persons attended the summit, including various stakeholders, senior bureaucrats from the state government, policy makers, academicians and scholars from across the city.