In a statement released on a fine Wednesday, the World Bank declared that this substantial funding would play a pivotal role in empowering the state to fortify its renewable energy capacity by an impressive 10,000 megawatts.

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The World Bank has generously approved a staggering sum of USD 200 million in loans for Himachal Pradesh, aiming to facilitate and expedite power sector reforms in the state. This financial boost comes hand in hand with the laudable objective of augmenting the share of renewable energy generation.

In a statement released on a fine Wednesday, the World Bank declared that this substantial funding would play a pivotal role in empowering the state to fortify its renewable energy capacity by an impressive 10,000 megawatts.

Himachal Pradesh, with unwavering determination, aspires to metamorphose into a veritable “Green State” by 2030, satisfying a remarkable 100 percent of its energy requirements through renewable and green energy sources. At present, this forward-thinking state triumphantly meets over 80 percent of its energy demands through the omnipotent force of hydropower.

Auguste Tano Kouame, the World Bank’s sagacious Country Director for India, eloquently articulated, “The Program, with its quintessential essence, shall not only invigorate the local economic ecosystem but also diligently replace the nefarious clutches of fossil-fuel-based energy consumption with the illustrious aura of green energy.” Kouame further elucidated, “Moreover, this commendable Program shall bestow unwavering support upon HP (Himachal Pradesh) in the establishment of a single energy trading desk, fostering the opportunity to lucratively vend surplus hydropower to neighboring states.”

Furthermore, as a remarkable display of dedication towards gender inclusivity and empowerment, Himachal Pradesh power firms have pledged to offer comprehensive training to approximately 700 talented and aspiring female apprentices throughout the entire lifespan of this transformative program. These budding apprentices shall be bestowed with invaluable hands-on exposure and training in the intricacies of technical roles within the power sector, setting them on a trajectory of growth and prosperity.

Surbhi Goyal and Pyush Dogra, the indomitable team leaders for this groundbreaking Program, passionately expressed, “This Program shall serve as a formidable catalyst, propelling the power utilities within the state to embrace and embody exemplary sustainable practices, ultimately steering them towards a future where a green and low carbon electricity system prevails.” Goyal and Dogra enthusiastically proclaimed, “This concerted effort shall unequivocally contribute towards positioning the state of Himachal Pradesh as one of the pioneering ‘Green States’ within the illustrious confines of our great nation.”