The state government of Uttar Pradesh has approved the setting up of a 40 MW solar plant in Ayodhya to meet the district’s electricity demand. The plant will be developed by NTPC Renewable Energy Ltd with an estimated investment of INR 160 crore.
The project is being set up under the state’s Solar Energy Policy 2022. Under this policy, the state government will provide land on a 30-year lease to NTPC Green Energy for the PV project. The lease rate is around INR 1 per acre per year.
The government has identified 165.1 acres of land at two villages under the Sadar tehsil of the district. The power generated by the solar plant will be purchased by the state discom Uttar Pradesh Power Corp. Ltd at a fixed tariff.
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