The Uttar Pradesh Global Investors Summit 2023 was a 3-day investment event organised by the Government of Uttar Pradesh, India. It brought various stakeholders from around the world together, including policymakers, business leaders, and academic experts, to collectively explore business opportunities and forge partnerships worth $420 Billion* (₹33.83 lakh crores). The event was officially inaugurated by the honorable Prime Minister of India, Shri Narendra Modi, accompanied by the honorable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath Singh, and the Minister of Energy for Uttar Pradesh, Shri A.K. Sharma.
L-R: Mr. Abdul Gamel Nasser, Business Financial Associate, AVS Group; Mr. A.K. Sharma, Minister of Energy for Uttar Pradesh; Mr. Vesa Korhonen, Managing Director, Nocart; and Lt. Col. Vijay Tomar (Retd.), Chairman, AVS Group
About Cleantech Group:
Cleantech Group provides research, consulting, and events to catalyse opportunities for sustainable growth powered by innovation. They have evaluated more than 1,200 companies and represented 19 countries in the 2023 Global Cleantech 100 Companies.
About Nocart:
Nocart is an environmentally conscious energy company that uses multiple sources to produce high-quality, green electricity for all needs. They are among the top 20 promising companies in Finland, have delivered 50 units of power plants, and have seen a remarkable growth of 323% from last year.
AVS Group and Nocart join forces to introduce Renewable Energy solutions in India:
AVS Group is an India-based Multinational Company with subsidiaries all over Ghana. AVS Group is proud to bring Nocart, a leading member of the Cleantech Consortium, to India. The work will encompass three innovative projects in the fields of Renewable Energy, Compressed Bio Gas, and Bio Pellets. With the signing of 35 Memorandums of Understanding (MoUs) with the Government, 35 sites has been identified with a portfolio valued at $2 Billion* (₹16,000 crores), which has the potential to expand to 55 sites worth $3.5 Billion* (₹28,000 crores) of portfolio.
The association shall begin with the inception of three pioneering prime locations – Lucknow, with a portfolio of $1 Billion* (₹8,000 crores), Basti, with a portfolio of $37.5 Million* (₹300 crores), and Mau, with a portfolio of $35 Million* (₹280 crores).
Glimpses of the UP Global Investors Summit 2023
An initiative towards a better India:
AVS Group and Nocart have joined hands for this venture to establish a new enterprise named “AVS Nocart Pvt. Ltd.” The primary objective of this joint venture is to make India a zero waste country and convert the present waste dump into usable energy by means of repurposing and recycling. The transition to clean energy is an enormous economic prospect that has led to a shared commitment to work together to facilitate India’s growth, industrialisation, and the provision of a better quality of life to its citizens.
The latest news has been extensively reported by several renowned media outlets, such as Hindustan Times, Solid Waste India, Amar Ujala, Construction World, and many more.
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*The values provided are approximate and should be used as an estimate only.
