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Himachal govt inks pact for Rs 1,400-cr API, green hydrogen, ethanol facility
3/5/2025 10:30:01 PM
Agencies
SHIMLA, Mar 5: The Himachal Pradesh government on Wednesday signed an agreement with Spray Engineering Devices Limited to set up a facility worth Rs 1,400 crore to produce API (active pharmaceutical ingredients), green hydrogen and ethanol. The integrated manufacturing facility, to come up in Solan district, would offer employment to 1,000 youth, according to an official statement. A Memorandum of Commitment (MoC) was signed here in the presence of Chief Minister Thakur Sukhvinder Singh Sukhu between state government and Spray Engineering Devices Limited, Chandigarh to set up India's first integrated manufacturing facility of API, green hydrogen and 2G ethanol BBN with a cost of Rs 1,400 crore, the statement said.
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