UP looks to solar energy to bridge power shortfall
Faced with acute power shortage and growing anger against incessant power cuts, the Uttar Pradesh government has stitched up a new solar initiative that will ensure additional power supply to the state.
Keeping up with the new solar policy, the state government Thursday issued a letter of intent to seven companies - Colonizers and Developers, Jackson Power Pvt Ltd, DK Infracon Pvt Ltd, Rifex Energy Pct Ltd, Essel Infra Project, Azure Surya Pvt Ltd and Moserbaer Clean Energy Ltd.
This would enable them to set up solar power plants with a total installed capacity of 130 MW in the Bundelkhand region.
Chief Minister Akhilesh Yadav said his government was committed to ensuring maximum power supply to the state through different resources. The state government had come up with a new solar energy policy earlier this year.
The government has also signed a memorandum of understanding (MoU) for acquiring around 424 MW of power for the next 25 years from the year 2016 by Lanco Power Limited.
This is the second such agreement in the last one month. Government officials said these initiatives were part of efforts of the state government to bridge the yawning gap between demand and supply of electricity in the state.
(Posted on 09-08-2013)