UP Investors Summit 2018: Renewable Energy Draws Maximum Investors


UP Investors Summit 2018: Renewable Energy Draws Maximum Investors

Renewable energy sector has attracted the highest amount of potential investment during the investors’ summit with entrepreneurs evincing interest in this relatively new field.

“As many as 46 MoUs for projects worth Rs 67,000 crore have already been signed for renewable energy. The number is likely to go up,” UP minister for renewable energy Brijesh Pathak said while addressing a session on ‘Renewable energy in Uttar Pradesh: The opportunities’ during the UP Investors’ Summit here.

Pathak said he was happy to see the investors’ interest in renewable energy and added that all possible help would be provided to entrepreneurs in setting up plants.

Giving a presentation on UP’s New Solar Policy (2017), principal secretary, energy, Alok Kumar said the state had immense potential of generating solar power with availability of abundant sunlight and land.

He said the policy provided a lot of incentives to entrepreneurs willing to set up solar plants in UP. Read More…

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