Himachal Pradesh's Green Energy Revolution: INR 1,400 Cr Investment in API, Green Hydrogen, and Ethanol Facility
Key Ideas
- Spray Engineering Devices Ltd. signed a MoC with Himachal Pradesh to invest INR 1,400 crore in an integrated API, Green Hydrogen, and 2G Ethanol facility in Solan district.
- The project will initially require 30 MW of green hydrogen, eventually increasing to 50 MW, providing employment to about 1,000 individuals.
- Himachal Pradesh aims to become a green energy state by 2026 and is working on setting up a 1 MW Green Hydrogen plant in collaboration with Oil India Ltd.
- The Chief Minister directed the company to complete the project within a year, showcasing the government's commitment to promoting green energy initiatives.
Spray Engineering Devices Ltd. has entered into a significant agreement with the Himachal Pradesh government to establish India's first integrated manufacturing facility dedicated to Active Pharmaceutical Ingredients (API), Green Hydrogen, and 2G Ethanol in the Solan district. The investment for this pioneering project amounts to INR 1,400 crore, marking a substantial step towards sustainable energy practices in the region. Initially, the facility will operate with 30 MW of green hydrogen capacity, with plans for expansion to 50 MW in the future, offering employment opportunities to around 1,000 young individuals.
Himachal Pradesh's Chief Minister, Sukhvinder Singh Sukhu, emphasized the state's commitment to transitioning into a green energy state by 2026. To support this vision, the government is actively engaged in various initiatives, including the establishment of a 1 MW Green Hydrogen plant in partnership with Oil India Ltd. in Nalagarh. The Chief Minister's directive to the company to complete the project within a year underscores the administration's focus on timely execution and the advancement of green energy solutions. This venture not only showcases the state's dedication to environmental sustainability but also sets a precedent for other regions to follow suit in embracing renewable and eco-friendly practices.
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Renewable Energy
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Government Initiatives
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Green Energy State
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