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Himachal aims to become leading green hydrogen-based economy by 2025: CM Sukhvinder Sukhu

Updated: Mar 28, 2023 04:39:11pm

Himachal aims to become leading green hydrogen-based economy by 2025: CM Sukhvinder Sukhu

Shimla, Mar 28 (KNN) The Himachal Pradesh government on Monday inked and MoU with HLC Green Energy LLC to jointly work for the development of green hydrogen.

Addressing the occasion, Chief Minister Sukhvinder Singh Sukhu said that the state government aims to make Himachal Pradesh the 'First Green State' by 2025 and a leading green hydrogen-based economy.


“Green hydrogen has the potential to reduce greenhouse gas emissions significantly, potential of reducing fertiliser prices and contribute to the nation's economy through import substitution,” he said.

The CM further added that the state has a clear-cut advantage on account of abundant green hydel energy and abundance of water resources and assured full cooperation and support from the state government to the company in setting up the hydrogen project.

The agreement was signed in the presence of Industries Minister Harshwardhan Chauhan, Director Industries, Rakesh Kumar Prajapati and Managing Director of M/s HLC Green Energy LLC, Sanjay Sharma.

Speaking on the occasion, Industries Minister Chauhan said that the company intends to produce 0.3 million metric tons (MMT) of Green Hydrogen and 1.5 million metric tons (MMT) of Green Ammonia per year respectively.

The land requirement for this project is around 20-25 acres and likely to be set up in Una and Kangra due to water and logistics suitability.

The minister said that the manufacturing facility has planned to bring in an investment of more than Rs 4,000 crore, besides generating direct and indirect employment opportunities for about 2,500 individuals.

The initial financial outlay for the mission is pegged at Rs 19,744 crore, which includes research and development activities.  (KNN Bureau)


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