Uttar Pradesh Government Procures Power Units to Address Deficit | 06 Apr 2024
Why in News?
Recently, the Uttar Pradesh Power Corporation Limited (UPPCL) has traded 5,500 million unit (Mu) power from 11 states though power banks.
- Around 4,000 Mu will be supplied during the high energy demand period (April-October).
Key Points
- In 2023, the state established a high demand of 28,284 megawatt (Mw), while the power corporation arranged for 3,000 Mu of energy from five states to overcome the demand-supply gap.
- UP’s power banking state partners include Madhya Pradesh, Rajasthan, Telangana, Maharashtra, Karnataka, Gujarat, Punjab, Jammu & Kashmir, and Himachal Pradesh.
- Uttar Pradesh's peak energy demand is likely to breach 31,000 Mw in 2024 and to 53,000 Mw by 2028.
- However, the state government is hopeful that it will ramp up renewable energy generation sufficiently.
- The state is targeting 22,000 Mw of solar energy generation in 4-5 years.
Uttar Pradesh Power Corporation Limited (UPPCL)
- Established on 14th January 2000, as the result of power sector reforms and restructuring in UP which is the focal point of the Power Sector, responsible for planning and managing the sector through its transmission, distribution and supply of electricity.
- It is a professionally managed utility supplying reliable and cost efficient electricity to every citizen of the state.