News website LiveHindustan has reported the state government of Uttar Pradesh has planned around 6 GW of solar project capacity in the Bundelkhand region as it aims to make the state self-reliant for power. The plans reportedly include 4 GW of projects in a ‘green energy corridor’ and a 2 GW ‘ultra-mega’ renewables park.
LiveHindustan reported the state government has sent a proposal to its federal counterpart seeking a budget for a rapid start to work on the green corridor.
The planned 2 GW solar park would be developed through a joint venture (JV) formed by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) and state and federal government-owned hydropower company THDC India, according to the news portal. The state cabinet has reportedly already approved a memorandum of understanding concerning the establishment of the JV, which will be 74% owned by THDC India and will have Rs50 crore of authorized share capital.
The 2 GW project will reportedly be developed under the Uttar Pradesh Solar Energy Policy-2017 and the Ultra Mega Renewable Energy Power Park Scheme administered by the federal Ministry of New and Renewable Energy.
Uttar Pradesh is also well on the way to hosting what has been described as ‘Asia’s largest floating solar power plant’, according to LiveHindustan. The 150 MW facility at the Rihand Dam is being installed by the UP Hydropower Generation Corporation and is expected to be completed this year.