
‘UP ahead of Maha, Guj in energy demand driven by industrial growth'
This was stated by additional chief secretary of energy, renewable energy and technical education Narendra Bhooshan during the TOI Dialogues on Thursday.
"With a population of 25 crore and energy demand growing by 8-10% annually, UP has now overtaken even the most industrialised states. Energy is no longer just a utility — it is the enabling force behind our economic transformation," he said.
Bhooshan said energy is central to India's push to become a 1 trillion dollar economy and linked the state's plans to PM Narendra Modi's COP26 commitments: Net Zero by 2070, 500 GW of non-fossil fuel capacity by 2030, and 50% renewables.
"Our Chief Minister has aligned UP's energy strategy with these national goals. The state's commitment is strong — not just to meet growing demand but to do so sustainably," he added.
A landmark reform underway is the privatization of two large electricity distribution companies (discoms) — the biggest such move in the country.
"If we succeed in this, the rest of India will follow. This is a high-stakes reform aimed at improving service delivery, efficiency and competitiveness," Bhooshan said.
On renewables, he highlighted the PM Suryaghar Muft Bijli Yojana, launched along with the Ram Temple inauguration in Ayodhya, which targets 22 GW of rooftop solar.
"UP has 5 crore households. Even if 2.5 crore homes install 2 KW rooftop systems, it will create a solar revolution — generating power, reducing bills and creating jobs," he said.
Solar manufacturing units worth Rs 8,000 crore have been sanctioned in Noida and Greater Noida, drawing investors such as Adani, Tata and others.
Under PM-KUSUM, 4 lakh irrigation connections have been solarised out of 16 lakh. For industry, captive and group solar parks — including projects in Bundelkhand — are supplying power at Rs 2.5–3 per unit versus Rs 8-10 from discoms.
To provide round-the-clock power, UP is promoting Battery Energy Storage Systems (BESS) and Pumped Storage Projects (PSPs), recording India's lowest-ever BESS tariff at Rs 3.115 per unit.
Two PSPs have been sanctioned in Sonbhadra and Vijayapur. The state is also testing vertical wind turbines on expressways and tapping kinetic energy from rivers and canals, he said.
UP leads the country in compressed bio-gas (CBG) capacity with 108 projects approved and aims for at least one plant in each tehsil using paddy straw, sugar waste and cow dung. "CBG offers the best return on investment, with payback in three to four years.
It can fuel kitchens, vehicles and industries," he said. Green hydrogen is being encouraged through incentives, including a 30% capital subsidy and full SGST reimbursement; a Rs 2,500 crore subsidy has been approved for an Rs 8,000 crore project.
Bhooshan also urged industry to help design courses in cybersecurity, mechatronics and LSI design. An Rs 8,000 crore project with Tata Technologies will upgrade 121 polytechnics. Highlighting UP's logistics edge — 33% of the nation's expressways and the junction of the Eastern and Western Freight Corridors at Greater Noida — he said exports that once took days can now move in hours.
"If you have a project — come to Uttar Pradesh. If you're here — expand," he concluded.
Stay updated with the latest local news from your
city
on
Times of India
(TOI). Check upcoming
bank holidays
,
public holidays
, and current
gold rates
and
silver prices
in your area.
Get the latest lifestyle updates on Times of India, along with
Raksha Bandhan wishes
,
messages
and
quotes
!
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
21 minutes ago
- Hans India
Majhi disburses Rs 5K cr to 1 cr women under Subhadra
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Saturday distributed Rs 5,000 crore to around one crore women as third instalment under Subhadra scheme. Majhi released the amount to beneficiaries through Direct Benefit Transfer at a special event at Jeypore in Koraput district on the occasion of Raksha Bandhan. Among the beneficiaries, 1,783 women are from Kotia panchayat in Koraput district near the Andhra Pradesh border. Majhi said the Subhadra Yojana has created a new chapter of progress and transformation in the lives of women across the State. The scheme was launched by Prime Minister Narendra Modi on September 17 last year and in just six and a half months, all eligible women had been covered under the scheme, he added. Responding to a request by local MLA Taraprasad Bahinipati (Congress), the Chief Minister said a Vande Bharat train would run from Jeypore to Bhubaneswar.


Time of India
34 minutes ago
- Time of India
Mumbai court rejects discharge plea of woman accused in money laundering case linked to ponzi scheme
Mumbai: A special PMLA court on Friday rejected the discharge plea of 44-year-old Andheri resident, Rashmi Prasad, an accused in a money laundering case linked to a Rs 564 crore Ponzi scheme involving chartered accountant Amber Dalal and his company Ritz Consultancy Services. The court said that there is sufficient prima facie evidence to frame charges against Prasad for the offence of money laundering. The prosecution alleged that she received Rs 18.81 crore in her personal and business accounts from the accused firm Ritz Consultancy Services. "Admittedly, a huge amount of money was transferred from the account of M/s Ritz Consultancy Services and from the accused No. 1 (Dalal) into the account of accused No. 2 (Prasad) and her entities, and she purchased the property in Dubai (for Rs 4.19 crore). Therefore, there is prima facie sufficient material to frame a charge against accused No. 2," Special Judge RB Rote said on Friday. Prasad claimed to be one of 600 investors who entrusted money to the main accused, who allegedly ran a fraudulent investment firm. The court, however, found that the prosecution presented a strong prima facie case against her. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Gorgeous Female Athletes Ranked - But Did We Get It Right? Learn More Undo "The defence of the accused is required to be considered at the time of a full-fledged hearing of the matter on evidence. Therefore, at this stage, it is not possible to record the findings that accused No 2 was only an investor like other investors and the property was not acquired by using the proceeds of crime," the judge said. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai While Prasad claimed that the amount was accepted towards the returns on the investment, the judge said that she nowhere specified what the investment was and what the returns were. "No documentary evidence in the form of an MOU is forthcoming in this case to show that she invested the amount. Admittedly, accused No 1 was operating the Demat Account of accused No. 2. If accused No. 2 was only an investor and accused No 1 defrauded her, she would have lodged a complaint in respect of the same, but no such complaint is forthcoming by accused No 2," the judge said. The judge also noted that the case involves a serious economic offence, affecting the socio-economic condition of society. "There are 2015 investors who invested their funds in the scheme of accused No. 1, and they have been defrauded to the tune of Rs 564 crore," the judge said. The ED submitted that Prasad was Dalal's close associate and not an investor. The ED further alleged that she used these funds to acquire assets in India and Dubai, and to pay for personal expenses like car loans and credit card bills. Bank records reportedly show that Prasad remitted approximately Rs 4.27 crore to Dubai, with over Rs 4.19 crore of that amount used to purchase a property from M/s EMAAR Group. Case initiated by Andheri investor The case originated from an FIR filed by an investor, Babita Malkani, at the Oshiwara police station in Andheri. The FIR accused Dalal of offences including cheating and criminal breach of trust. The investigation was later transferred to the Economic Offence Wing (EOW). According to the prosecution's case, Dalal, through his firm Ritz Consultancy Services, collected funds from 2015 investors with the promise of monthly returns of 1.5% to 1.8% on investments in commodities like gold, silver, and crude oil. Investors were told their capital was safe and were given undated cheques for the invested amount. The EOW charge sheet states that a total investment of over Rs 1146 crore was collected, and after paying out returns of more than Rs 581 crore, the remaining amount of over Rs 564 crore was defrauded from the investors. The ED initiated its investigation subsequently. The ED alleges that the main accused was operating a Ponzi scheme, using a large portion of new investments to pay returns to existing investors. The funds were also allegedly diverted to close associates and family members for personal use, including purchasing properties. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !


Time of India
an hour ago
- Time of India
निवडणुकीत विजय मिळवून देण्यासाठी दोन कोटींची ऑफर होती, पण... ; अमर काळेंनी सगळं सांगितलं
Amar Kales Shocking Revelation There Was An Offer Of Rs 2 Crore For Election Victory