Himachal Pradesh, the north Indian state known for its picturesque landscapes and mountains, has signed a Memorandum of Understanding (MoU) with HLC Green Energy to become India’s first fully green state by 2025. The agreement was signed between the state government and the renewable energy firm in a bid to promote sustainable development and reduce carbon emissions.
Under the MoU, HLC Green Energy will invest in the development of renewable energy projects, including solar, wind, hydro, and biomass, in the state. The company will also set up a manufacturing facility for solar panels and batteries, which will help create employment opportunities in the state.
Himachal Pradesh’s Chief Minister, Jai Ram Thakur, said that the state has been at the forefront of environmental conservation and sustainable development. The state government aims to reduce its carbon footprint and become a fully green state by 2025, he added.
HLC Green Energy’s Director, Alok Sharma, said that the company is committed to working with the state government to achieve its goal of becoming a fully green state. He also said that the company plans to invest around INR 5,000 crore ($670 million) in the state over the next five years.
The move is seen as a significant step towards promoting sustainable development in India and reducing the country’s carbon emissions. Himachal Pradesh, which is already a major producer of hydroelectric power, is expected to set an example for other states in India to follow.
The state government’s efforts towards promoting sustainable development and reducing carbon emissions are in line with India’s target of achieving 450 gigawatts of renewable energy capacity by 2030. The country aims to generate 175 gigawatts of renewable energy by 2022, which includes 100 gigawatts of solar power.