50 MW green hydrogen plants for Nepal

• 1 year, 9 months ago (2022-07-19)
• David Flin

Asia 847 Hydrogen 53 Hydropower 111

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GreenZo Energy of India and Nepal’s API Power have signed an MOU to develop 50 MW green hydrogen plants in Nepal. These are scheduled to be developed over the next three years. The MOU is valued at $125 million.

Sanjeev Neupane, Managing Director of API Power, said: Our country is rich in hydropower with 20 000 MW of projects under development. The seasonal nature of resources from our vast network of 6000 rivers necessitates hydrogen storage.”

GreenZo said that it has agreed with API for a 1 MW pilot hydropower project to be built at Naugarh Gad Hydroelectric Project.

GreenZo said that the MOU with API strengthens its electrolyser manufacturing and green hydrogen production. It said that it has started to scale-up its operations for its planned 250 MW electrolyser manufacturing facility in India.