December 28th, 2010
Lucknow (The Economic Times): The Uttar Pradesh government has taken massive strides towards fulfilling its promise of becoming a power surplus state by 2017, signing MOUs with several major companies this year for establishing new plants with a cumulative generation capacity of 9,750 megawatts. Follow up:
Follow up:Faced with a power crisis year-after-year in the peak summer season, the state government this year secured promises from companies like Reliance Power , JP Power, Bajaj Hindustan, Lanco, Creative Thermolite, Unitech Machines, Parekh Aluminics, Torrent Power , Dalmia Group, Ashok Leyland , GVK, GMR Wellspun and the Aditya Birla Gro up to set up new projects in the state.
The scarcity of power is a a major political and election issue in Uttar Pradesh, as no new power plant has been set up in the past 20 years, even though demand has increased manifold during the period. Read more.....