With the rapidly increasing population and industrial development, Uttar Pradesh now needs more electricity. Keeping this in mind, the state government has taken a big decision. Adani Power has been given the contract to supply 1500 MW of electricity. This decision will not only provide cheap and continuous electricity to the state but will also increase new investment and employment opportunities. In the coming time, this project can change the lives of thousands of people and make the state self-reliant in terms of energy.
Adani Power gets 1500 MW power project in Uttar Pradesh
The Uttar Pradesh government has entrusted Adani Power with the responsibility of providing 1500 MW of electricity. Its purpose is to meet the growing demand for electricity in the state. Through this project, Adani Power will provide uninterrupted power to the state, which will provide relief to people and industries. This step is also important for the Adani Group, as this will further strengthen the company’s hold in the power sector.
New thermal power plant will be operational by 2030
Adani Power has planned to start a new 1500 MW thermal power plant in Uttar Pradesh by 2030. This plant will be built on the “design-build-start and run” model. This power plant will provide electricity at the rate of ₹5.38 per unit, which is much lower than the current rate. An investment of about 2 billion dollars i.e. about ₹16,000 crores will be made in this scheme. When its construction starts, 8000 to 9000 people will get employment. At the same time, after the plant starts, about 2000 people will also get permanent jobs.
What benefits will accrue from such a huge project?
Thousands of employment opportunities
In total, more than 10,000 people will get employment during and after the project. This will include opportunities related to construction, freight transportation, and other allied work. This will increase employment especially in villages and small towns.
2000 permanent jobs after plant starts functioning
After the power plant starts operating, 2000 permanent jobs will be available. These will include jobs related to technology, management and operations. This can prove to be a good career option for the youth.
Cheap electricity at ₹5.38
Adani Power will provide electricity at the rate of ₹5.38 per unit, which is much lower than the current average rate of ₹7.86 per unit. This will greatly benefit households and small businesses.
The state’s electricity needs will be met
The state’s need for electricity is increasing every year. With the start of this project, the power supply in UP will improve and the problem of power cuts will also be reduced.
Agreement between UPPCL and Adani Power soon
A long term agreement (PPA) is going to be signed soon between Uttar Pradesh Power Corporation Limited (UPPCL) and Adani Power. This agreement will make the power supply legally and financially secure in future.
Change in Google’s ‘G’ logo after 10 years
Conclusion
This agreement between Adani Power and the Uttar Pradesh government is not just a power project, but a strong foundation for the development of the state. This will provide cheap and reliable electricity to the people, create new employment opportunities and UP will be able to become self-reliant in terms of energy. The picture of the state will start changing as soon as this power plant starts operating by 2030.
What contract has Adani Power got from the UP government?
Adani Power has got the contract to supply 1500 MW of electricity in Uttar Pradesh.
When will the new thermal power plant of Uttar Pradesh start operating?
This plant is likely to become operational by 2030.
How much investment will be made in the new thermal power plant project of Uttar Pradesh?
How much investment will be made in the new thermal power plant project of Uttar Pradesh?
