World Bank signs project worth USD200 million to increase renewable energy penetration in Himachal Pradesh

World Bank has signed USD200 million project with the Government of India and the Government of Himachal Pradesh that will facilitate power sector reforms in Himachal Pradesh (HP) and increase the share of renewable energy in the state’s electricity generation.

This will contribute to the state’s overall aim of adding 10,000 MW of additional renewable energy capacity to make the state’s power supply greener. The World Bank’s Himachal Pradesh Power Sector Development Program will help the state enhance the utilisation of its existing renewable energy resources, including hydropower, and help to diversify its renewable energy resources further.