Himachal Pradesh government signs MoU with Oil India to develop renewable energy sources

The Himachal Pradesh government has signed a memorandum of understanding (MoU) with Oil India Limited to establish a framework for cooperation in harnessing and developing new and renewable energy sources in the state, including solar energy, green hydrogen, compressed biogas, geothermal energy and wind energy.

The company would explore the possibilities of setting up floating solar power plants in water reservoirs, besides establishing ground mounted solar power projects. Oil India can also set up a plant for producing green hydrogen and green ammonia on a pilot basis. Notably, this collaboration will be a milestone in making Himachal Pradesh the first green energy state in the country by March 31, 2026