MoC inked for India’s 1st API, green hydrogen, ethanol facility in Himachal
Himachal Pradesh signed an MoC with Spray Engineering Devices Ltd to establish India’s first integrated facility for API, Green Hydrogen, and 2G Ethanol in Solan. The ₹1,400 crore project aims to create 1,000 jobs. Chief Minister Sukhvinder Singh Sukhu emphasized the state’s green energy goals, urging completion within a year.
The Himachal Pradesh government on Wednesday (March 5) signed a Memorandum of Commitment (MoC) with Chandigarh-based Spray Engineering Devices Ltd to establish India’s first integrated manufacturing facility for Active Pharmaceutical Ingredients (API), Green Hydrogen, and 2G Ethanol. The Rs 1,400 crore-project will be set up in Baddi-Barotiwala-Nalagarh (BBN), Solan district, and is expected to create 1,000 jobs.
Chief Minister Sukhvinder Singh Sukhu, present at the signing, reaffirmed the state’s goal to become a ‘green energy’ state by March 2026. The project will initially require 30 MW of green hydrogen, with demand expected to rise to 50 MW. CM Sukhu urged the company to complete the facility within a year.
The MoC was signed by Yunus, director of Industries, on behalf of the state and Managing Director Vivek Verma for the company. Industries Minister Harshwardhan Chauhan, MLA Sanjay Awasthy, and other officials also attended the event.
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Source : Business Standard
