Home India New sop on power connection for new industries:UP govt
New sop on power connection for new industries:UP govt

New sop on power connection for new industries:UP govt


Ahead of the second ground breaking ceremony for the launch of the projects worth Rs 1 lakh crore, Uttar Pradesh government in a major relief to the investors has directed that the new industries will be given power connection under open access regime under the provisions of the Indian Electricity Act 2003.

The open access regime empowers the industry to choose the power supplier and they will no longer at the mercy of the UP Power Corporation Limited, the monopoly power utility in the state. The MoUs for the second breaking ceremony were signed during the UP investor’s summit held here in February and the first ground breaking ceremony was held here in July.

UP government has also issued warning to the different government agencies and department of stern action in case of laxity granting required approvals and providing the infrastructure facilities to the investors. The directives were issued by the industries minister Satish Mahana who on Friday presided over a meeting to review the preparation for the second ground breaking ceremony proposed to be held in December. As many as 150 new industrial projects are expected to be launched in December during the ceremony. Representatives of over 50 companies participated in the meeting.

The minister Satish Mahana said here on Friday that the government has decided to implement the open access regime for the new industries so as to ensure uninterrupted quality power supply to the new units. He said the UP power transmission corporation has also been directed to furnish the information regarding its installed power transmission capacity for the transmission of power generated by the solar power plants.

The Board of cricket control of India (BCCI) it will soon start the process of construction of international cricket stadium in NCR region of Ghaziabad and the land has been made available by the state government. The Singapore electric vehicles will set up a plant in UP for the manufacture of battery powered electric vehicles in the state. The Essel group informed the meeting that the group will soon start operation of 500 electric buses in Ghaziabad.

Chief Secretary and the Industrial development commission Anup Chandra Pandey said the meeting here on Friday was organized for the one to one dialogue with the investors ahead of the second ground breaking ceremony for the redressal of their problems. He said the investors invited for the meeting are those who are to launch their projects during the second ground breaking ceremony. He said all the government departments have been asked to extend the benefit to the investors as per the policies for the different sectors announced by the state government. The different sectors represented in the Friday meeting were from cement, food processing, garments and textiles, information technology, electronics, construction, renewable energy, dairy and electric vehicles.

Source: UNI
Anand Gupta Editor - EQ Int'l Media Network


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