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‘Holistic policy needed to realise renewable energy targets'
‘Holistic policy needed to realise renewable energy targets'

Time of India

time10-05-2025

  • Business
  • Time of India

‘Holistic policy needed to realise renewable energy targets'

Lucknow: The 3-day UP Energy Expo 2025 being held at Indira Gandhi Pratishthan concluded on Saturday with stake holders stressing the importance of holistic policy framework to realise renewable energy targets for 8,000 participants, including industry specialists, corporate executives and govt representatives, attended the event that showcased advancements in solar technologies , electric vehicles and energy storage the final day, experts engaged in four panel discussions to deliberate on the state's development in solar EPC, electric transport, energy storage and grid modernisation chief engineer Deepak Raizada said: "The UP govt is making one of the strongest contributions in battery storage systems across India. We invite investors to set up battery storage plants in the state and assure them of full support. There's no shortage of power supply in UP, and with support from IIT Kanpur and BHU, we are developing robust feeders and infrastructure for solar EPC."Speakers said there was a need to address challenges such as rural electricity access, land acquisition and workforce training and urged enhanced interdepartmental coordination to spur investment at the national on electrified transport confirmed EVs as pivotal for India's carbon-neutral ambitions by 2050. Operation Sindoor India-Pakistan Tensions Live Updates: India hits back after Pakistan violates ceasefire; Nagrota sentry hurt in brief gunfire Operation Sindoor Live Updates: Drones shot down at multiple places in J&K as Pakistan violates bilateral understanding Pak drones enter Indian airspace, explosions heard just hours after truce deal Currently, UP represents 15% of the country's EV usage, with a structured introduction of electric buses on track for 2030. The state also plans to install EV charging stations every 25Km along highways through PPP ventures, under the supervision of UPSRTC. Participants regarded battery costs as a primary barrier, with calls for technological innovation and price service manager Ramesh Kumar said: "The govt has already provided permit and road tax exemptions for electric buses. Setting up EV charging stations will play a crucial role in promoting electric buses across the state."Madhyanchal Vidyut Vitran Nigam Limited Commercial Director Yogesh Kumar said: "Our power supply is heavily dependent on thermal energy, with demand peaking in the afternoon and evening during summer. We need to store surplus energy generated during off-peak hours to stabilise the grid and prevent shortfalls during peak times. The govt is planning to build substations for energy storage."

UP Energy Expo showcases renewable solutions
UP Energy Expo showcases renewable solutions

Time of India

time09-05-2025

  • Business
  • Time of India

UP Energy Expo showcases renewable solutions

Lucknow: A three-day UP Energy Expo 2025 presenting innovative products and demonstrations that display current developments in solar technology, smart grid systems , and electric vehicles began at Indira Gandhi Pratishthan commenced on Thursday. The UP State chapter of PHDCCI and First View partnered with UPNEDA to organise the event which hosts over 150 participants. The day 1 featured panel sessions with experts discussing the prospects, challenges and advances in renewable energy. The event is designed to reinforce Uttar Pradesh's commitment to sustainable power solutions while fostering collaborations among industry stakeholders. Chief guest state power minister Arivnd Kumar Sharma, in his address, said: "The exhibition would play a vital role in advancing energy independence." He said Ayodhya is set to become the state's leading solar city under Energy Policy 2022, with renewable sources already supplying 10% of its electricity. He said similar installations are underway in 16 more municipal corporations and encouraged entrepreneurs to embrace solar energy investments while assuring full governmental support. Jatinder Singh of PHDCCI highlighted that solar energy is a core element in Uttar Pradesh's trillion-dollar economy chairperson Ashish Kumar Goel said: "UP is rising as an investment hub for solar projects and energy storage, as state govt offers subsidies for improved solar storage initiatives."

UP Energy Expo showcases renewable solutions
UP Energy Expo showcases renewable solutions

Time of India

time08-05-2025

  • Business
  • Time of India

UP Energy Expo showcases renewable solutions

Lucknow: A three-day UP Energy Expo 2025 presenting innovative products and demonstrations that display current developments in solar technology, smart grid systems , and electric vehicles began at Indira Gandhi Pratishthan commenced on UP State chapter of PHDCCI and First View partnered with UPNEDA to organise the event which hosts over 150 day 1 featured panel sessions with experts discussing the prospects, challenges and advances in renewable energy. The event is designed to reinforce Uttar Pradesh's commitment to sustainable power solutions while fostering collaborations among industry guest state power minister Arivnd Kumar Sharma, in his address, said: "The exhibition would play a vital role in advancing energy independence."He said Ayodhya is set to become the state's leading solar city under Energy Policy 2022, with renewable sources already supplying 10% of its said similar installations are underway in 16 more municipal corporations and encouraged entrepreneurs to embrace solar energy investments while assuring full governmental Singh of PHDCCI highlighted that solar energy is a core element in Uttar Pradesh's trillion-dollar economy chairperson Ashish Kumar Goel said: "UP is rising as an investment hub for solar projects and energy storage, as state govt offers subsidies for improved solar storage initiatives."

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