Abstract
The objective of the research is to assess the techno-economic potential of a structure designed to meet the energy requirements of the Indian pharmaceutical industry (PMI) for the North Indian Himalayan (NIH) region, India, and the same structure is implemented for one site in each state and each union territory of the NIH. Besides, several grid-connected and off-grid hybrid renewable energy system (RES) configurations are evaluated using the HOMER software for the sake to figure out which configuration has the most technical and economic potential. Grid-WECS-PV has been found to be the optimal configuration for each NIH site, and it has been recognised that hybrid RESs have a substantial impact on the economic aspect, the cost of electricity (COE) of this configuration for the sites in Solan, Samba, Kargil, and Jadhang is lower than their respective grid tariff, and the difference between COE and the corresponding grid tariff varies based on the climate of site. As therefore, this investigation explores the potential to develop dynamic behaviour for energy utilization for PMI building in NIH, India, with a decline in overall manufacturing costs, which also adheres to the target of "Promotion of Bulk Drug Parks" that has been announced by the Indian government and promotes hybrid industrialization.