UP govt clears proposal to procure 1500 MW power from thermal project through competitive bidding

UP govt to purchase 1500 MW of electricity at cheaper rates for next 25 years - ChiniMandi

Lucknow : Chief Minister Yogi Adityanath-led Uttar Pradesh government has decided to buy a total of 1500 megawatts of energy from a thermal project for a period of 25 years. The private company offering the lowest tariff rate (Rs 5.38 per unit) in the bidding has won the project. This decision, which will save UP Power Corporation (UPPCL) about Rs 2958 crore in 25 years, was taken in a cabinet meeting held under the leadership of CM Yogi on Tues…

UP govt clears proposal to procure 1500 MW power from thermal project through competitive bidding

Lucknow, May 6 (PTI) The Uttar Pradesh government on Tuesday approved a proposal to procure 1,500 MW power from a 2x800 MW (1600 MW) thermal power project through a competitive bidding, in a move aimed at bridging the state's growing electricity demand. The decision in this regard was taken at the cabinet meeting chaired by Chief Minister Yogi Adityanath. According to Energy Minister AK Sharma, the state is projected to require an additional 10,…