Oil India and Himachal govt agree to adopt renewable energy sources
POWER & RENEWABLE ENERGY

Oil India and Himachal govt agree to adopt renewable energy sources

The Himachal Pradesh government signed a memorandum of understanding with Oil India Ltd on Wednesday to create a framework for cooperation in utilizing and developing new and renewable energy sources in the state, including exploring the state's solar potential.

In the presence of the chief minister, Sukhvinder Sukhu, the agreement was signed by Harikesh Meena, director of energy for the state government, and Pankaj Kumar Goswami, director of operations for Oil India Ltd.

In addition to creating ground-mounted solar power projects, the Chief Minister stated that the business would look into the possibility of constructing floating solar power plants in water reservoirs.

According to him, Oil India can also build up a facility for the temporary production of green hydrogen and green ammonia. Himachal Pradesh has a wealth of renewable energy resources and the potential to produce green hydrogen; the state government has taken a number of steps to tap into this potential, according to the chief minister, who also requested that Oil India send a team of experts to inspect the project sites the following week.

Sukhu announced that a review meeting to assess the status of the proposed projects will take place on May 26.

According to a formal statement, the Chief Minister further requested Oil India not to introduce these projects with needless delay.

By March 31, 2026, Himachal Pradesh will have achieved the status of the nation's first green energy state, according to Sukhu. The collaboration between the government and Oil India, according to the chief minister, would concentrate on creating a variety of new and sustainable energy sources, such as solar energy, green hydrogen, compressed biogas, geothermal energy, and wind energy.

See also:
Oil India sets up green hydrogen plant in Assam
HP CM expects Uhl-III hydropower project to be operational by May


The Himachal Pradesh government signed a memorandum of understanding with Oil India Ltd on Wednesday to create a framework for cooperation in utilizing and developing new and renewable energy sources in the state, including exploring the state's solar potential. In the presence of the chief minister, Sukhvinder Sukhu, the agreement was signed by Harikesh Meena, director of energy for the state government, and Pankaj Kumar Goswami, director of operations for Oil India Ltd. In addition to creating ground-mounted solar power projects, the Chief Minister stated that the business would look into the possibility of constructing floating solar power plants in water reservoirs. According to him, Oil India can also build up a facility for the temporary production of green hydrogen and green ammonia. Himachal Pradesh has a wealth of renewable energy resources and the potential to produce green hydrogen; the state government has taken a number of steps to tap into this potential, according to the chief minister, who also requested that Oil India send a team of experts to inspect the project sites the following week. Sukhu announced that a review meeting to assess the status of the proposed projects will take place on May 26. According to a formal statement, the Chief Minister further requested Oil India not to introduce these projects with needless delay. By March 31, 2026, Himachal Pradesh will have achieved the status of the nation's first green energy state, according to Sukhu. The collaboration between the government and Oil India, according to the chief minister, would concentrate on creating a variety of new and sustainable energy sources, such as solar energy, green hydrogen, compressed biogas, geothermal energy, and wind energy. See also: Oil India sets up green hydrogen plant in Assam HP CM expects Uhl-III hydropower project to be operational by May

Next Story
Resources

Master Builders Solutions Forges Path into India Market with MBT-Construction Chemicals

Master Builders Solutions, a global leader in innovative concrete admixtures and solutions for the construction industry, announces its strategic expansion into the dynamic Indian market. Leveraging its expertise and advanced solutions, Master Builders Solutions aims to address the growing demand for sustainable, high-performance construction materials across various sectors in India. The move into India represents a significant milestone for Master Builders Solutions, aligning with its commitment to delivering cutting-edge solutions worldwide. With a rapidly evolving construction landscape in..

Next Story
Resources

TrucksUp collaborates with AU Small Finance Bank to empower aspiring buyers and small fleet owners

TrucksUp has announced a strategic partnership with AU Small Finance Bank Ltd to offer economic, easy and hassle-free financing solutions for used trucks focusing on driver and transport business community. This partnership tactically aims to support small fleet owners in India by providing low EMI loans at competitive interest rates. Their target audience can also benefit from refinancing options on existing trucks and avail of top-up loans to meet their financial needs. This is making the access to capital needs for truck drivers’ community easy to grow and scale their business. This colla..

Next Story
Resources

Build Capital to Invest Rs 1.5 billion in Navi Mumbai’s RE Market in 2025

Build Capital, an innovative early-stage real estate fund, has completed its maiden investment in the Navi Mumbai market. This investment in Satyam Group’s project is part of Build’s strategy to become a preferred partner in early – stage real estate financing in Mumbai Metropolitan Region (MMR).Build Capital has further announced that it plans to invest close to Rs 1.5 billion (bn) in the Navi Mumbai market out of its total target investments of Rs. 4 bn for the year 2025. Kuldeep Jain, CEO and Co-Founder, Build Capital said, “We are plugging the existing gaps of early-stage financing..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000