Onix Structures Private Limited, a leading turnkey electrical and civil projects developer, has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh at the recently concluded Uttar Pradesh Investors Summit 2023.
According to the MoU, Onix will develop a 1000 MW solar power project in Prayagraj and a 1000 MW wind power generation plant in Baghpat.
The proposed projects are set to commence this year and will require a proposed investment of Rs. 12,000 crores, creating employment opportunities for over 1500 people. This initiative will contribute towards Uttar Pradesh’s renewable energy targets and their plan to invest in the renewable energy sector.
Onix Group has over a decade of experience in turnkey electrical, civil and renewable energy projects. The company offers high-quality, sustainable and innovative solutions to its clients and communities, committed to helping them achieve their renewable energy targets while making a positive impact on the environment.
The Chairman of Onix Group, Mr. Divyesh Savaliya, expressed confidence in the partnership with the Government of Uttar Pradesh and stated that the government is committed to supporting private companies that share their vision of delivering high-quality, sustainable, and innovative energy solutions in the state.