Central PSUs pledge ₹2 trn investment in UP's thermal, clean energy sectors
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- ✓Central government PSUs pledged ₹2 trillion for thermal and clean energy projects in Uttar Pradesh.
- ✓Major firms like NTPC, IOCL, and Coal India joined this initiative.
- ✓IEEMA President Hartek Singh said, "The remarkable improvement in Uttar Pradesh's infrastructure and logistics ecosystem is attracting investors." This move boosts the state's power.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Standard
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The investment commitments have been made by marquee PSUs including NTPC Limited, IOCL, NPCIL, Coal India, BPCL etc
Central government Public Sector Undertakings (PSUs) have lined up investments to the tune of ₹2 trillion in Uttar Pradesh across the thermal and clean energy sectors.
The investment commitments have been made by marquee PSUs including NTPC Limited, Indian Oil Corporation Limited (IOCL), Nuclear Power Corporation of India Limited (NPCIL), Coal India Limited (CIL), Bharat Petroleum Corporation Limited (BPCL) etc.
NTPC Limited has a 50:50 joint venture with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUN) for a thermal power project in Meja tehsil of Prayagraj.
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