Onix Group revealed during the recently finished Uttar Pradesh Investors Conference 2023 that it
has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government. According
to the MOU, Onix intends to build a 1,000 MW solar energy project in Prayagraj and a 1,000 MW
wind energy producing facility in Baghpat.
Almost 1,500 people are anticipated to get job as a result of the proposed projects, which are
scheduled to start this year and will require a proposed investment of Rs. 120 billion. The
construction of these projects would support the state’s intention to invest in this industry while also
enhancing Uttar Pradesh’s status as a leader in renewable energy.
Hardik Adhiya, Vice President, Onix Group stated, “We are overjoyed to declare our collaboration
with the Uttar Pradesh government in the creation of these renewable energy projects. Our
objective is to assist the state in achieving its aims for renewable energy while having a favourable
effect on the environment and nearby populations. This initiative, we are certain, will be a crucial
step in achieving our net-zero goals.”
Divyesh Savaliya, Chairman of the turnkey electrical, civil and renewable energy projects developer,
stated, “We have been reassured that the government of Uttar Pradesh stands steadfastly with
private participants like Onix that are committed to delivering high-quality, sustainable, and creative
energy solutions in the state.”