Himachal Pradesh's Green Energy Leap: INR 1,400 Cr Investment in API, Hydrogen, and Ethanol Facility
Key Ideas
- Spray Engineering Devices Ltd. signs INR 1,400 crore MoC with Himachal Pradesh for a pioneering integrated facility in Solan district.
- Initial phase requires 30 MW green hydrogen, expanding to 50 MW, offering employment to around 1,000 individuals.
- Himachal Pradesh aims to become a green energy state by 2026, emphasizing green hydrogen production and directing completion within a year.
- Chief Minister Sukhvinder Singh Sukhu highlights the state's commitment to green energy and the growth potential in the sector.
Spray Engineering Devices Ltd. has entered into a significant agreement with the Himachal Pradesh government to invest INR 1,400 crore in establishing India's first integrated facility for manufacturing Active Pharmaceutical Ingredients (API), Green Hydrogen, and 2G Ethanol in Solan district. This initiative marks a significant step towards sustainability and green energy in the region. The project, set to create approximately 1,000 jobs, will initially operate on 30 MW of green hydrogen, with plans to scale up to 50 MW in subsequent phases. Himachal Pradesh's Chief Minister, Sukhvinder Singh Sukhu, expressed the state's firm commitment to transforming into a green energy state by 2026. The government is already working on a 1 MW Green Hydrogen plant in collaboration with Oil India Ltd. This project aligns with the state's vision of leading the nation in green energy initiatives. The directive to complete the integrated facility within a year underscores the urgency and importance attached to the project's timely execution, reflecting the government's positive outlook towards hydrogen and sustainable energy solutions.
Topics
Green Hydrogen
Renewable Energy
Sustainability
Investment
Manufacturing
Employment
Government Initiative
Green Energy State
Latest News