Business · Energy & Commodities · 4 hrs ago
Central public firms pledge ₹2 trillion for Uttar Pradesh energy projects
Central government-owned companies have pledged ₹2 trillion for energy projects in Uttar Pradesh, covering thermal and clean energy.
The commitments include companies such as NTPC, Indian Oil, Nuclear Power Corporation of India, Coal India and Bharat Petroleum.
NTPC’s Meja project in Prayagraj is set for a major expansion, with approval for an additional 2,400 megawatts of coal-based power capacity.
The expansion is estimated to cost more than ₹33,000 crore, alongside the existing station’s 1,320 megawatts of capacity.
Indian Oil subsidiary Terra Clean has also proposed new energy projects in the state.
Uttar Pradesh is seeking investment across its energy sector, with an investment pipeline exceeding ₹6 trillion from public and private companies.
The commitments could support the state’s energy development, as improved infrastructure and rising demand attract investment; the sources give no timeline for the projects overall.
Central government public sector undertakings have pledged ₹2 trillion for thermal and clean energy projects in Uttar Pradesh.
The companies named include NTPC, Indian Oil Corporation, Nuclear Power Corporation of India, Coal India and Bharat Petroleum.
NTPC’s joint venture with Uttar Pradesh Rajya Vidyut Utpadan Nigam has an approved 2,400 MW expansion project at Meja, with estimated investment of more than ₹33,000 crore.
Indian Oil subsidiary Terra Clean Limited has proposed new energy projects in the state.
Uttar Pradesh’s energy-sector project pipeline exceeds ₹6 trillion, according to official sources.
- Who
- Central government public sector undertakings, including NTPC, Indian Oil Corporation, Nuclear Power Corporation of India, Coal India and Bharat Petroleum.
- What
- They have pledged ₹2 trillion for thermal and clean energy projects in Uttar Pradesh.
- When
- Not stated.
- Where
- Uttar Pradesh, India.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Total pledged investment
- ₹2 trillion
- Meja Stage-II expansion
- 2,400 MW (800x3 MW)
- Estimated Meja expansion investment
- More than ₹33,000 crore
- Uttar Pradesh energy-sector pipeline
- More than ₹6 trillion
- Clean-energy target cited
- 22,000 MW
What people are saying
The remarkable improvement in Uttar Pradesh's infrastructure and logistics ecosystem is attracting investors. This investment push will result in rising energy demand, which in turn will foster the new energy sector.
Invest UP (the state investment promotion agency) has a robust energy sector pipeline of more than ₹6 trillion spanning the entire energy and power value chain from public and private sector companies.