Onix Group to establish 2,000 MW of renewable energy projects in Uttar Pradesh

Onix Group announced signing of Memorandum of Understanding (MoU) with the Uttar Pradesh government. According to the MOU, Onix intends to build a 1,000 MW solar energy project in Prayagraj and a 1,000 MW wind energy generation facility in Baghpat.

Over 1,500 people are anticipated to find employment as a result of the proposed projects which are scheduled to start in 2023 and will require a proposed investment of Rs 120 billion. These projects will support the state’s intention to invest in this industry while also enhancing Uttar Pradesh’s status as a leader in renewable energy.

In March 2023, TUSCO, a joint venture company of THDC India and the Uttar Pradesh New and Renewable Energy Development Agency invited bids from consultants to prepare a feasibility-cum-detailed project report for the development of an 800 MW ultra-mega solar power park in Chitrakoot, Uttar Pradesh.