Himachal gets first installment of Rs 225 cr for Bulk Drug Park

The bulk drug park, according to Chief Minister, is "a project of national importance and crucial for bolstering the state's existing pharma ecosystem."

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a group of pills falling
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Last Updated on October 11, 2024 by The Health Master

The Himachal Pradesh government has received its first grant-in-aid installment of Rs 225 crore for the development of common infrastructure facilities for a bulk drug park in Una district.

The grant-in-aid was given under guidelines of the Promotion of Bulk Drug Park Scheme by the Department of Pharmaceuticals of the central government.

The bulk drug park, according to Chief Minister Sukhvinder Singh Sukhu, is “a project of national importance and crucial for bolstering the state’s existing pharma ecosystem.”

In a statement issued Saturday night, he said that the state government would ensure the project’s timely completion while keeping in mind the investment potential of around Rs 8,000-10,000 crore and the expected employment opportunities for more than 15,000 people.

The government registered the State Implementing Agency for the Himachal Pradesh Bulk Drug Park Infrastructure Limited (HPBDPIL) with the Ministry of Corporate Affairs on February 15, Sukhu said.

The chief minister said the department has already completed the planning of external infrastructure for power and road with respective line departments.

The power demand for this park has been estimated around 120 MW and two transmission lines from Una and Tahliwal have been planned to ensure continuous power supply, he said.

According to Sukhu, the government will set up a project coordination committee to track the timely completion of the bulk drug park.

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