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 South East Asia Post 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 South East Asia Post.
More InformationIn Warsaw last February, President Joe Biden condemned the lawless Russian invasion of Ukraine: "The idea that over 100,000 forces ...
TOKYO, Japan: Fears over intensifying Chinese military activity directed towards Taiwan could escalate into war have prompted Japan, the United ...
TEGUCIGALPA, Honduras: After Honduran President Xiomara Castro severed ties with Taiwan in favor of China to gain more investment and ...
NEW YORK, New York - A Manhattan grand jury has indicted Former U.S. President Donald Trump for his role in ...
MEMPHIS, Tennessee: Tennessee authorities are slowly releasing information about a weekend car crash on a freeway that killed six young ...
JAKARTA, Indonesia: Officials from Indonesia's Aceh province said that more than 180 Rohingya Muslims landed this week by boat, in ...
NEW YORK, New York - U.S. stocks finished the third quarter with a bang on Friday. Despite a volatile start, ...
CUPERTINO, California: In a move aimed at disrupting the fintech sector dominated by Affirm Holdings and Sweden's Klarna, this week ...
BURBANK, California: Walt Disney has begun its planned lay off of 7,000 staff, which was announced earlier this year.A letter ...
NEW YORK CITY, New York: A study published this week reported that China spent $240 billion between 2008 and 2021 ...
NEW YORK, New York - U.S. stocks posted a decent rally on Thursday with all the major indices making good ...
FREMONT, California: Neuralink, Elon Musk's brain implant company, has approached the Barrow Neurological Institute, one of the largest US neurosurgery ...