Uttar Pradesh targets a 12% increase in kharif crop output to over 29 million tonnes in 2025, with expanded acreage, farm pond creation, and a focus on oilseeds and maize to boost farmer income and food security. Key kharif crops include paddy, maize, oilseeds, millets, and pulses. The government aims to promote sustainable agriculture and natural farming practices across the state.
Adani Power, India's leading private thermal power producer, has secured a significant contract to supply 1,500 MW (net) of thermal power to Uttar Pradesh. The company announced the deal on Monday, which saw its shares surge by 7% to an intraday high of Rs 549.65 on the BSE [1].
The contract, won through competitive bidding, involves supplying power at a tariff of ₹5.383 per unit. The project, valued at USD 2 billion, will be executed under the design, build, finance, own, and operate (DBFOO) model. The power will be generated from a 2×800 MW (1,500 MW net) greenfield ultra-supercritical plant [1].
Adani Power's CEO, S B Khyalia, expressed happiness at winning the competitive bid and emphasized the company's role in meeting Uttar Pradesh's rapidly growing power demand. He noted that the plant will be modern and low-emission, aiming to begin supplying power by FY30 [1].
The project is expected to create 8,000–9,000 direct and indirect jobs during construction and 2,000 jobs during operations. This development follows the Uttar Pradesh cabinet's approval of the project earlier this month [1].
Meanwhile, the state of Uttar Pradesh has ambitious plans for its kharif crop output, aiming for a 12% increase to over 29 million tonnes in 2025. The government is focusing on expanded acreage, farm pond creation, and promoting oilseeds and maize to boost farmer income and food security. Key kharif crops include paddy, maize, oilseeds, millets, and pulses. The government aims to promote sustainable agriculture and natural farming practices across the state [2].
References:
[1] https://m.economictimes.com/markets/stocks/news/adani-power-shares-in-focus-on-1500-mw-contract-win-in-uttar-pradesh/amp_articleshow/121094092.cms
[2] https://economictimes.indiatimes.com/news/india/shivraj-singh-chouhan-assures-nation-on-food-stocks/articleshow/121040395.cms
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