ENA Sectors 2025-03-06 16:22:07 <p><span style="font-size:14px"><strong>Shimla, Mar 6 (KNN) </strong>The Himachal Pradesh government on Wednesday signed a Memorandum of Commitment (MoC) with Spray Engineering Devices Limited to establish an integrated manufacturing facility worth Rs 1,400 crore in Solan district.</span></p> <p><span style="font-size:14px">The facility will produce active pharmaceutical ingredients (API), green hydrogen, and 2G ethanol.</span></p> <p><span style="font-size:14px">According to an official statement, the project will generate employment opportunities for around 1,000 youth in the region. The MoC was signed in the presence of Chief Minister Thakur Sukhvinder Singh Sukhu between Director of Industries Yunus and Spray Engineering Devices Managing Director Vivek Verma.</span></p> <p><span style="font-size:14px">The upcoming facility is expected to require 30 MW of green hydrogen in its initial phase, with the demand rising to 50 MW in the future.</span></p> <p><span style="font-size:14px">The chief minister reaffirmed his governments commitment to making Himachal Pradesh a leading green energy state by March 2026.</span></p> <p><span style="font-size:14px">He highlighted various initiatives being undertaken, including the establishment of a 1 MW green hydrogen plant in collaboration with Oil India Limited at Nalagarh, Solan.</span></p> <p><span style="font-size:14px">We are working towards making Himachal Pradesh a hub for green energy. This project will be a major step in that direction, Sukhu said. He also directed the concerned company to complete the project within a year.</span></p> <p><span style="font-size:14px">The new initiative is expected to boost the states green energy sector and contribute to Indias goal of sustainable industrial growth.</span></p> <p><span style="font-size:14px">With this, Himachal Pradesh is set to become a pioneering state in the field of renewable energy and pharmaceutical manufacturing.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41301 https://knnindia.co.in/news/newsdetails/sectors/himachal-pradesh-signs-rs-1400-crore-deal-for-api-green-hydrogen-ethanol-plant 2025-03-06 16:22:07 knnindia.co.in