To explore the state's solar potential, the Himachal Pradesh government on Wednesday signed a memorandum of understanding with Oil India Ltd to establish a framework for cooperation in harnessing and developing new and renewable energy sources in the state.
The pact was signed by Harikesh Meena, Director (Energy), on behalf of the state government, and Pankaj Kumar Goswami, Director (Operations), Oil India Ltd, in the presence of Chief Minister Sukhvinder Sukhu.
The Chief Minister said the company would explore the possibilities of setting up floating solar power plants in water reservoirs, besides establishing ground mounted solar power projects.
He said the Oil India can also set up a plant for producing green hydrogen and green ammonia on a pilot basis.
Himachal Pradesh has abundance in green energy and opportunity in producing green hydrogen, and the state government has taken various initiatives to harness this potential, the Chief Minister said, as he asked Oil India to send a team of experts next week to inspect the sites for implementing these projects.
Sukhu said that a review meeting will be held on May 26 to discuss the progress of the proposed projects.
The Chief Minister also asked Oil India to avoid unnecessary delays in establishing these projects, an official statement said.
Sukhu said this will be a milestone in making Himachal Pradesh the first green energy state in the country by March 31, 2026.
The Chief Minister said the collaboration between the government and Oil India will focus on developing various new and renewable energy sources, including solar energy, green hydrogen, compressed biogas, geothermal energy and wind energy.
--IANS
vg/arm
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)