Himachal Pradesh is leading the nation with renewable energy production. Himachal Pradesh with the abundant natural resources can help to produce the solar, hydro and green projects. The government initiatives and the financial support the state is moving toward the development of the Sustainable Energy solution to reduce the carbon footprint.
In this guide we will explore the Himachal Pradesh Renewable energy projects, initiatives, and the development of these projects in Himachal Pradesh.
1. Solar Energy Projects in Himachal Pradesh:
Government initiatives and scheme:
Government of Himachal Pradesh provide the subsides for the installation of the Solar power projects.
You can also opt for the land leasing option for the large scale solar farms.
Net metering benefits for the individual selling excess solar power to the grid.
Key Solar Project In Himachal Pradesh:
- 72mw Solar Power Expansion: Government of HImachal Pradesh has approved the seven new solar power projects to be in operation by the end of 2025.
- 10mw Solar Plant in Una: This Solar plant in Una Expected to generate 22.73 million units of electricity annually, reducing 791 tones of carbon emission.
2. Hydroelectric Power Plant in Himachal Pradesh:
Himachal Pradesh is a hub for the generation of Hydro electric power. Himachal Pradesh generates 80% of its power from the hydroelectric power plants. Situated in the different parts of the state.
Major Hydropower plants:
Seli Hydroelectric Project (400MW)- Located in the Lahaul & Spiti, this plant is responsible for the peak power generation and supply while reducing the reliance on fossil fuels.
Karcham Wangtoo Hydroelectric plant (1000MW)- One of the largest private sector hydropower projects in india.
Government of Himachal Pradesh is providing the financial support for making it a great investment opportunity.
Read more about Best MSME Support Schemes and Funding for Young Entrepreneurs in HP.
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3. Green Hydrogen Plant in Himachal:
Himachal Pradesh has become the first North Indian state to launch a 1 MW Green Hydrogen Plant in Dabhota, Solan. This is a huge achievement by the state which is the thing of pride for every Himachli.
What is Green hydrogen?
Green Hydrogen may be defined as the fuel produced by using renewable energy, making it a clean fuel alternative. By the use of Green Hydrogen we can reduce the dependency of fossil fuels and cut industrial emissions.
How to get the benefits of Himachal Pradesh Renewable Energy Schemes?
1. Choose the right Project for you.
Choose the Scheme that suits you best you can consider the following standards while choosing the best project for you.
- Solar Project: Solar project is best for the individuals for the home installations or large scale farms for the bulk production of the electricity.
- Hydroelectric power plant: Hydroelectric power plants are best suitable for the businesses and the bigger investors as it requires big investments and resources.
- Green Hydrogen Power Plant: Green Hydrogen is ideal for the startups and the companies that are in clean energy innovation.
2. Check Government schemes and Policies:
Check the schemes available and the polices provided by the state government according to the project you are aiming for on the Himurja portal.
3. Apply for the Project Approval:
Submit the application form or proposal through the HIMURJA portal and obtain the necessary approvals from the concerned authorities.
4. Invest and Implement:
Once the proposal is approved proceed with the project setup and the action plan.
Why invest in the Himachal Pradesh Renewable Energy sector?
Investing in Himachal Pradesh Renewable sector is smart move because of the following factors:
Government support: Strong policies and Financial support schemes are provided by the government of Himachal Pradesh.
High Return on Investment: By investing in the Renewable Energy Sector one can ensure the Long term sustainability and profitability.
Eco-Friendly: By growing the renewable energy sector we can reduce the pollution and carbon footprint. Also we can contribute to India’s Net Zero Emission goals.
