ANI PR Wire
14 Mar 2023, 15:15 GMT+10
New Delhi [India], March 14 (ANI/SRV): Onix Structures Private Limited (Onix Group), a leading turnkey electrical and civil projects developer, announced signing a memorandum of understanding (MoU) with the Government of Uttar Pradesh during the recently concluded Uttar Pradesh Investors Summit 2023. Pursuant to the MOU, Onix aims to develop a 1000 MW solar power project in Prayagraj and a 1000 MW wind power generation plant in Baghpat.
The proposed projects, set to commence this year, will require a proposed investment of Rs. 12,000 crores and are expected to generate employment opportunities for over 1500 people. The development of these projects will further strengthen Uttar Pradesh's position as a leading state in renewable energy and will also contribute to the state's intent to invest in this sector.
"We are thrilled to announce our partnership with the Government of Uttar Pradesh for the development of these renewable energy projects. Our goal is to help the state achieve its renewable energy targets and positively impact the environment and local communities. We are confident that this project will be a significant step towards meeting our net-zero targets," said Hardik Adhiya, Vice President of Onix Group.
Onix Group is a leading Turnkey Electrical, Civil and Renewable energy projects developer. With a decade of experience, the company offers high-quality, sustainable, and innovative solutions to its clients and communities. The company is committed to helping clients achieve their renewable energy targets and making a positive impact on the environment.
With experience spanning over a decade, Onix Group is now set to expand its renewable energy portfolio in Uttar Pradesh. Divyesh Savaliya, Chairman, added, "We have been reassured that the government of Uttar Pradesh stands steadfast with private participants like Onix that are committed to delivering high-quality, sustainable, and innovative energy solutions in the state".
This story has been provided by SRV. ANI will not be responsible in any way for the content of this article. (ANI/SRV)
Get a daily dose of Bangladesh Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Bangladesh Sun.
More InformationBangalore (Karnataka) [India], March 30 (ANI): Tokyo 2020 Olympian Maana Patel said she aims to perform well in the Asian ...
Jaipur (Rajasthan)[India], March 30 (ANI): His first-ever season in the IPL will be a season of many firsts as Joe ...
Hamilton [New Zealand], March 30 (ANI): Sri Lanka trails New Zealand 1-0 in the three-match series with the first game ...
Mumbai (Maharashtra)[India], March 30 (ANI): The Indian Premier League (IPL) 2023 will see the return of the IPL Fan Parks ...
Mumbai (Maharashtra)[India], March 30 (ANI): Virat Kohli will forever be remembered for his incredible achievements in the IPL since the ...
New Delhi [India], March 30 (ANI): The IPL, Season 16 is all set to begin. It's a tournament where impact ...
FREMONT, California: Neuralink, Elon Musk's brain implant company, has approached the Barrow Neurological Institute, one of the largest US neurosurgery ...
BRUSSELS, Belgium: The energy ministers of European Union member countries have approved a landmark law to end sales of new ...
BEIJING, China: After more than a year of self-imposed exile overseas, Alibaba founder Jack Ma has returned to China, allegedly ...
NEW YORK, New York - U.S. stocks and the dollar made solid gains on Wednesday as banking sector fears continued ...
NEW YORK CITY, New York: In a legal filing, Twitter announced that parts of its source code - the fundamental ...
NEW YORK CITY, New York: Bloomberg News has reported that New Jersey-based Valley National Bancorp is bidding to purchase Silicon ...