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Tag: Himachal Pradesh

Star Health, Himachal Pradesh Cooperative Bank Partner to Boost Health Insurance Reach

Himachal Pradesh, 25 June 2024: Star Health and Allied Insurance Company Limited (Star Health Insurance), India’s largest retail health insurance company, today announced a strategic corporate agency agreement with Himachal Pradesh State Cooperative Bank (HPSCB), the leading bank of Himachal Pradesh. Through this partnership, Star Health Insurance aims to enhance access to health insurance across the region, particularly in rural areas where the bank holds a significant presence.

Anand Roy, MD & CEO, Star Health Insurance said, “Our partnership with Himachal Pradesh State Cooperative Bank showcases our commitment to enhance insurance penetration in rural regions. We look forward to strengthen our reach and distribution across Himachal Pradesh. Together, we would enhance financial inclusion in the region by ensuring quality health insurance is accessible to rural Bharat. 94% of the Cooperative banks reach lies in rural India and thus through this partnership we aim to provide every corner of Bharat with our innovative and customer-centric health insurance products.”

Commenting on the partnership Sharwan Manta, Managing Director, HP State Cooperative Bank said, “One of the primary advantages of partnering with Star Health Insurance for customers is convenience. Through this partnership we can offer health insurance products alongside our existing banking services. This means that our customers can access a wide range of insurance options within the familiar environment of their bank. The extensive hospital network of over 14,000 hospitals and one of the largest agent networks in the country that Star has will help customers access healthcare in the remote areas of HP.”

The partnership will enable Star Health Insurance to offer its comprehensive range of health insurance products to the bank’s vast customer base by leveraging HPSCB’s robust and extensive branch network of 262 branches. This collaboration aims to enhance the accessibility of health insurance solutions to residents of Himachal Pradesh, ensuring they are well-protected against unforeseen medical expenses. The Himachal Pradesh State Co-operative Bank Ltd. is performing a dual function in the state, one of an Apex Co-operative Bank in Himachal Pradesh to play a leading role in the development of Co-operatives in the State and second of a Co-operative Bank in 6 districts viz. Bilaspur, Chamba, Kinnaur, Mandi, Shimla and Sirmour.

Star Health Insurance is present in 24 locations in Himachal Pradesh and plans to add 10 more locations in FY25. The top 5 sicknesses faced by people of HP are Gastroenterology, orthopaedics, obstetrics, urology and ophthalmology, based on claims in the state. The health insurance products which are most purchased by customers are Family Health Optima, Star Health Assure Insurance Policy and Accident Care.

The agreement between Star Health and HPSCB is a significant step towards increasing insurance penetration in Himachal Pradesh, thereby promoting financial inclusion, and ensuring that people have access to vital health insurance coverage. This strategic partnership between Star Health and Himachal Pradesh State Cooperative Bank underscores Star Health’s commitment to offer innovative solutions to enhance insurance penetration, particularly in the rural and Tier 3 regions and the underpenetrated Bharat in line with IRDAI’s commitment of “Insurance for all by 2047”.

Green Hydrogen Pilot Project

India’s Leap into a Sustainable Future: The Inauguration of the First Multi-Purpose Green Hydrogen Pilot Project

Pic Credit: Linkedin

14/5/2024: India launched its first multi-purpose green hydrogen pilot project, signaling a major step towards a sustainable future and the country’s admission into the green energy era. This innovative project is a significant step forward for India’s renewable energy sector and was introduced at the Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal Pradesh.

Smt inaugurated the project. Geeta Kapur, Chairperson and Managing Director of SJVN Limited, on April 24, 2024. The event signifies a milestone for SJVN and aligns with the National Green Hydrogen Mission of the Government of India, aiming to establish green hydrogen as a viable and clean energy source.

The state-of-the-art facility is poised to produce 14 kilograms of green hydrogen daily during its 8-hour operational window. This hydrogen will be generated using an alkaline electrolyzer of 20 Nm3/hour capacity, powered by renewable energy supplied from SJVN’s 1.31 MW Solar Power Plant in Wadhal, Shimla. The produced hydrogen will be stored at a pressure of 30 bars in six storage tanks, boasting a total capacity of 12 m3.

The multi-purpose nature of the project is underscored by its dual utility: the green hydrogen produced will serve the High-Velocity Oxygen Fuel (HVOF) Coating Facility of NJHPS, meeting its combustion fuel requirements, and will also generate electricity through a 25 kW capacity fuel cell.

This pilot project is a testament to India’s commitment to innovation and sustainability. It showcases the potential of green hydrogen in revolutionizing the power sector by providing a clean alternative to fossil fuels. The project also demonstrates the feasibility of integrating green hydrogen production with existing hydroelectric power infrastructure, setting a precedent for future developments in the field.

The inauguration ceremony was more than just the launch of a project; it was a celebration of the collaborative efforts of the teams at NJHPS, Rampur Hydro Power Station (RHPS), and the Electrical Design Team at SJVN Corporate Headquarters. Their dedication has been instrumental in achieving this feat, which also included the centralized operation of the 1,500 MW NJHPS and 412 MW RHPS, remotely operating Unit-2 of RHPS from the NJHPS Control Room.

The implications of this project extend beyond the realms of energy production. It is a step towards reducing carbon emissions, promoting energy security, and fostering economic growth through the development of green technologies. The project aligns with global efforts to combat climate change and supports India’s pledges under international agreements such as the Paris Agreement.

As the world moves towards a greener future, India’s first multi-purpose green hydrogen pilot project stands as a beacon of progress and innovation. It is a clear indication of the country’s resolve to pursue energy solutions that are not only sustainable but also economically viable. This project is expected to pave the way for more such initiatives, propelling India towards achieving its green energy goals and contributing to a cleaner, more sustainable planet for future generations.

The success of this project could potentially unlock new avenues for green hydrogen use in various sectors, including transportation, industry, and beyond. It could also inspire similar projects across the nation and globally, as the world seeks to transition to cleaner energy sources.

A historic event that could completely change India’s energy environment is the launch of the nation’s first multi-purpose green hydrogen pilot plant. This shows that India can lead the world in the green energy revolution and is a brave move in the right direction towards adopting renewable energy. Watching this momentous occasion unfold, we anticipate the good things it will do for the economy, the environment, and society.

By Sujata Muguda, Shreyas WebMedia Solutions

Be a part of the exciting trail run in the exotic backdrop of Kasol, Himachal Pradesh!

Is the runner in you tired of running on the concrete roads of the city combating pollution, and traffic? Then here is an exciting opportunity to participate in the first edition of “Moustache Escapes presenting Skechers Outdoors Kasol Trail Run” in the exotic locales of Kasol, Himachal Pradesh.

A golden opportunity to combine your weekend unwind with a trail run-running in the rustic and rugged landscapes of Kasol with fellow runners. The run will be flagged off and finished at the same point taking a detour through a quaint little village Grahan, making the trail of 10Km and 21Km. The run will be monitored and provided with adequate medical assistance as & when required.

With check-in and welcome by the team on June 25th evening followed by the run-on on June 26th and concluded with a merry-making bonfire party with fellow participants, the run promises to leave a happy trail in your memories!

The eligibility for participation is just enthusiasm apart from being in the age group of 18 plus. Following are the details to participate:

Date-25th & 26th June 2022

Reporting- Kasol, Base camp

Cost per person-

Rs 499 plus GST only run

Rs 2499 plus GST for run + Tent stay