PM gives big push to UP with launch of thermal projects
1
2
Times News Network
Kanpur: PM Narendra Modi on Friday inaugurated and laid the foundation stone for 15 mega development projects, including those of thermal power, worth over Rs 47,000 crore in Kanpur.
He inaugurated a 660-MW Panki thermal power extension project in Kanpur worth over Rs 8,300 crore and three 660-MW units of Ghatampur thermal power project worth over Rs 9,330 crore.
The PM also inaugurated rail over bridges over Panki Power House Railway Crossing and over Panki Dham Crossing on Panki Road at Kalyanpur Panki Mandir in Kanpur. It will support the Panki Thermal Power Extension Project's logistics by facilitating coal and oil transport while also alleviating traffic congestion for the local population.
These projects mark a historic milestone in the state's energy sector, setting the foundation for unprecedented growth in electricity production and distribution. They are expected to add 3,081 megawatts of additional electricity generation capacity, representing a 24.89% boost in the state's total power output. This expansion will strengthen UP's ability to meet its rising energy demands, particularly in the industrial, agricultural, and domestic sectors.
UP is set to gain many benefits. The most important is the move towards becoming self-reliant in electricity production. The state's total power generation capacity has risen from 15,916MW in 2017 to 24,868MW, and by the end of this year, it is expected to reach 27,184MW. All new projects use supercritical technology, which generates more electricity using less coal. This significantly reduced carbon emissions and supported environmental protection.
Of the electricity produced by the new projects, 75.11% will be used in UP and 24.89% will be supplied to Assam. This will not only earn the state income but also help balance energy distribution. Stronger power supply will directly help farmers, households, and industries.
Modi inaugurated the new underground section of the Kanpur metro rail project worth over Rs 2,120 crore from Chunniganj to Kanpur Central. This section includes five new underground stations — Chunniganj, Bada Chauraha, Naveen Market, Nayaganj and Kanpur Central.
It will include 14 planned stations with five new underground stations integrating key city landmarks and commercial hubs into the metro network. Additionally, he also inaugurated road widening and strengthening work of GT Road.
With this extension, important city landmarks such as Lal Imli, Z Square Mall, Green Park Stadium, Parade Ground, Book Market and Somdutt Plaza will be directly connected via metro.
Modi laid the foundation stone of a 220 kV substation in Sector 28 at Yamuna Expressway Industrial Development Authority (YEIDA), Gautam Budh Nagar to meet the growing energy demands of the region.
He also inaugurated 132 kV substations worth over Rs 320 crore at Ecotech-8 and Ecotech-10 in Greater Noida.
PM inaugurated a 40 MLD (million litres per day) tertiary treatment plant at Bingawan in Kanpur worth over Rs 290 crore. It will enable the reuse of treated sewage water, promoting water conservation and sustainable resource management in the region.
In a major boost to road infrastructure in the region,Modi laid the foundation stone for widening and strengthening of Gauria Pali Marg for industrial development, and widening and strengthening of the road to connect Narwal Mode (AH-1) on Prayagraj Highway to Kanpur Defence Node (4 lane) under Defence Corridor, both in Kanpur Nagar district, which will significantly improve connectivity for the Defence Corridor, enhancing logistics and accessibility.
He also distributed certificates and cheques to the beneficiaries of PM Ayushman Vay Vandana Yojna, National Livelihood Mission and PM Surya Ghar Muft Bijli Yojana.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
33 minutes ago
- Economic Times
Coforge shares go ex-split tomorrow, last day to buy for 1:5 stock split eligibility
In a previous official exchange filing, the company stated that the company will sub-divide its existing equity shares in the ratio of 1:5. Coforge will split its shares. Trading will begin on an ex-split basis from June 4, 2025. June 3 is the last day to purchase shares to be eligible for the 1:5 stock split. Shareholders as of the record date will receive subdivided shares. This is Coforge's first stock split. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Coforge stock split history Shares of Coforge will begin trading on an ex-split basis from Wednesday, June 4, 2025, as the company had earlier announced that June 4 would be the record date for determining the eligibility of shareholders entitled to receive the subdivided equity shares in 1:5 today, June 3, becomes the last day for investors to purchase shares of Coforge in order to be eligible for the stock split. Only shareholders whose names appear in the company's records as of the record date will receive the benefit of the subdivided a previous official exchange filing, the company stated that the company will sub-divide its existing equity shares in the ratio of 1:5. This means that each existing equity share with a face value of Rs 10 will be split into five equity shares with a face value of Rs 2 record date is the cut-off date to determine which shareholders are entitled to receive the corporate benefit, in this case, the stock split. Shareholders who hold Coforge shares as of the end of the trading day on June 4, 2025, will be eligible for the on an ex-split basis means that from June 4 onward, the share price will reflect the adjusted value post-split, and any investor buying the stock from that day will not be entitled to the benefit of the split. Only those holding the stock as per the records on the record date will receive the subdivided splits are corporate actions that increase the number of shares outstanding while reducing the face value per share, with no change to the company's overall market capitalization. These actions are undertaken by companies for a variety of structural and market-related reasons, but the entitlement is strictly governed by the record date fixed by the to Trendlyne data, this is the first-ever instance of Coforge splitting its Monday, the shares of Coforge closed flat with a positive bias at Rs 8,600 on the BSE.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
New Indian Express
33 minutes ago
- New Indian Express
Ayodhya Ram temple to roll out red carpet for Elon Musk's father
LUCKNOW: Billionaire Elon Musk's father, Errol Musk, a South Africa-based businessman, will visit the Ram temple in Ayodhya on Wednesday, June 4, officials confirmed on Monday. Errol Musk landed in Delhi on Sunday evening. The UP government is expected to accord him the status of state guest. Highly placed officials have confirmed Errol Musk's proposed visit. 'We are checking if the protocol accorded to a state guest will be extended to Musk during the visit,' a senior officer in Ayodhya said. Ayodhya district administration sources said senior officials are coordinating with Shri Ram Janmabhoomi Teerth Kshetra Trust to facilitate the temple 'darshan'. The senior Musk is on a five-day visit to India to hold business meetings with business people and entrepreneurs. The temple is part of his itinerary, and the gesture is seen as his attempt to appreciate India's cultural heritage better. An escort vehicle with security personnel is deputed to take the state guest around the city during his visit. Liaison officers accompanying the guest will include a sub-divisional magistrate, deputy police superintendent, or other gazetted rank officers. They will receive the guests at Ayodhya's Maharishi Valmiki International Airport in Ayodhya and escort them to various locations associated with the life of Lord Ram in the temple town. Meanwhile, the consecration ceremony of Ram Darbar, scheduled to be held on the first floor of the temple, will proceed as planned during Musk's visit.
New Indian Express
33 minutes ago
- New Indian Express
Rs 2,600 crore ADB loan to boost tech education
BENGALURU: In a major push to strengthen technical education in Karnataka, the state government has secured a Rs 2,600-crore loan from Asian Development Bank (ADB). The loan will be used to upgrade polytechnic and engineering colleges and promote industry-relevant and skill-based learning, according to Higher Education Minister MC Sudhakar. He revealed this here on Monday during the launch of a quarterly magazine, 'Karnataka Unnata Shikshana' (Karnataka Higher Education), brought out by the Higher Education Department to provide updates and information on the higher education sector in the state. The magazine was officially released by Chief Minister Siddaramaiah at his residence.
