Uttarakhand: The Government of Uttarakhand has signed a Memorandum of Understanding (MoU) with Iceland-based Varkis Consulting Engineers to develop geothermal energy in the state. The agreement was formalized in the virtual presence of Chief Minister Pushkar Singh Dhami and Icelandic Ambassador Dr. Benedict Hoskulsson, according to a statement from the Chief Minister’s Office on Friday.
Key Details of the Agreement
The MoU aims to assess and develop geothermal energy across identified sites in Uttarakhand. A total of 40 geothermal hotspots have been identified in the state, based on studies conducted by the Geological Survey of India (GSI) and Wadia Institute of Himalayan Geology, Dehradun.
Under the agreement, the Government of Iceland will bear the cost of conducting feasibility studies for these projects. The initiative also has the necessary approvals from the Ministry of Environment, Forest and Climate Change; the Ministry of New and Renewable Energy; and the Ministry of External Affairs, the statement confirmed.
Collaboration to Boost Renewable Energy
CM Dhami emphasized that the partnership with Iceland, a country known for its expertise in geothermal energy, could strengthen Uttarakhand’s position in renewable energy development. He highlighted that the collaboration would help the state achieve clean energy goals while supporting sustainable growth and environmental preservation.
Iceland’s Role in the Project
Varkis Consulting Engineers, recognized for its technical expertise in geothermal projects, will play a crucial role in advancing geothermal energy initiatives in Uttarakhand. The company’s experience in similar projects worldwide is expected to accelerate the development process, making the state a potential hub for geothermal energy.
This partnership is part of Uttarakhand’s broader efforts to expand its renewable energy portfolio and explore cleaner energy solutions for long-term sustainability.
