2,000 MW renewable energy projects to be developed by Onix Group in UP
POWER & RENEWABLE ENERGY

2,000 MW renewable energy projects to be developed by Onix Group in UP

Onix Group revealed during the recently finished Uttar Pradesh Investors Conference 2023 that it has signed a 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 producing facility in Baghpat.

Almost 1,500 people are anticipated to get job as a result of the proposed projects, which are scheduled to start this year and will require a proposed investment of Rs. 120 billion. The construction of these projects would support the state’s intention to invest in this industry while also enhancing Uttar Pradesh’s status as a leader in renewable energy.

Hardik Adhiya, Vice President, Onix Group stated, “We are overjoyed to declare our collaboration with the Uttar Pradesh government in the creation of these renewable energy projects. Our objective is to assist the state in achieving its aims for renewable energy while having a favourable effect on the environment and nearby populations. This initiative, we are certain, will be a crucial step in achieving our net-zero goals.”

Divyesh Savaliya, Chairman of the turnkey electrical, civil and renewable energy projects developer, stated, “We have been reassured that the government of Uttar Pradesh stands steadfastly with private participants like Onix that are committed to delivering high-quality, sustainable, and creative energy solutions in the state.”

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Onix Group revealed during the recently finished Uttar Pradesh Investors Conference 2023 that it has signed a 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 producing facility in Baghpat. Almost 1,500 people are anticipated to get job as a result of the proposed projects, which are scheduled to start this year and will require a proposed investment of Rs. 120 billion. The construction of these projects would support the state’s intention to invest in this industry while also enhancing Uttar Pradesh’s status as a leader in renewable energy. Hardik Adhiya, Vice President, Onix Group stated, “We are overjoyed to declare our collaboration with the Uttar Pradesh government in the creation of these renewable energy projects. Our objective is to assist the state in achieving its aims for renewable energy while having a favourable effect on the environment and nearby populations. This initiative, we are certain, will be a crucial step in achieving our net-zero goals.” Divyesh Savaliya, Chairman of the turnkey electrical, civil and renewable energy projects developer, stated, “We have been reassured that the government of Uttar Pradesh stands steadfastly with private participants like Onix that are committed to delivering high-quality, sustainable, and creative energy solutions in the state.”

Next Story
Infrastructure Urban

BHP Reports Higher Copper and Iron Ore Production in December Quarter

BHP Group, the world’s largest listed miner, reported increased production for the December quarter, with iron ore output inching up and copper production surging 17%. The gains were driven by operational efficiencies and richer ore quality at its key sites.Iron ore production at the South Flank operations in Western Australia reached 73.1 million metric tonne, slightly up from 72.7 million tonnein the same quarter last year and in line with the Visible Alpha consensus estimate of 72.8 million tonne.Copper output rose sharply to 510,700 tonne, attributed to improved processing and richer ore..

Next Story
Infrastructure Urban

India to Prioritise Railway Modernisation in 2025/26 Budget

The Indian government is set to significantly increase funding for railway modernisation in the upcoming federal budget while making a modest rise in road infrastructure allocations, according to two government sources. Prime Minister Narendra Modi’s administration, which has prioritised infrastructure spending to boost economic growth post-pandemic, is now shifting focus to railways due to challenges in road project execution. Finance Minister Nirmala Sitharaman will unveil the 2025/26 budget on February 1. The railways ministry is expected to receive a budget allocation of Rs 2.9..

Next Story
Infrastructure Transport

MSC Launches Feeder Service Linking Haldia and Vizhinjam Ports

Mediterranean Shipping Company S.A. (MSC), the world’s largest container shipping line, has introduced a feeder service connecting the Haldia Dock Complex of the Syama Prasad Mookerjee Port Authority with the newly operational container transshipment terminal at Vizhinjam, Kerala, managed by Adani Ports and Special Economic Zone Ltd. Previously, containers for the Kolkata/Haldia trade route were transshipped through Colombo, a regional hub. The new "Haldia Shuttle" service, operating every ten days, marks the first feeder service linking an Indian gateway port to Vizhinjam after India estab..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000