UP gets ₹7 lakh crore investment in energy sector: UP Energy Minister State’s energy industry has enormous potential

Abhishek Awasthi.

Lucknow: According to Uttar Pradesh Energy Minister AK Sharma, tremendous progress has been made in the state’s energy industry during the Yogi government. The state received investments worth Rs 7 lakh crore in the energy sector alone under the UPGIS, and the state’s energy industry has immense potential. AK Sharma, the chief guest, congratulated all the investors at the Sustainable Development via Renewable Energy session on the first day of the Uttar Pradesh Global Investors Summit, which was hosted at the Vashishtha hanger in Vrindavan Yojana.”I call on them to be partners in the state’s growth route,” he said, while extending a warm welcome to all company owners involved in the energy industry. “The voyage of human growth is inextricably related to the development of energy,” he opined. He noted that as our needs expand, so will our energy consumption while considering prospective energy sources including renewable energy. The investment made possible by the UP Global Investors Summit, as well as the viability of the new industries, are both dependent on the availability of electricity.Sharma also stated that the entire globe faces enormous energy issues. Furthermore, it is a highly broad industry with several employment opportunities. Minister AK Sharma also informed investors about the Yogi government’s carbon-reduction goals, which include battery manufacturing, solar energy, and wind energy.Referring to the state government’s new energy strategy, he also promised investors in the state’s energy industry that the government will take care of their demands and facilities. On this occasion, state and central government leaders, as well as various entrepreneurs, shared their perspectives on alternative energy sources.