The hydrogen production facility is expected to generate hydrogen with electrolysers which will be powered by photovoltaic and wind energy to produce around 150,000kg per day.
It is expected that the green hydrogen produced here will be utilised across a range of different domestic sectors including industry and the transportation sector.
Naheed Memon, CEO of Oracle, said, “I was honoured to be invited to a ceremonial signing ceremony for the 400MW green hydrogen project planned for development in Pakistan alongside our PowerChina partner.
“The support and enthusiasm expressed by both governments today has strengthened our determination to succeed quickly.
“There is no doubt that green hydrogen is potentially the single most important tool the international community has in our collective bid to transition to a carbon neutral future, and I am proud that Oracle is to play a part in this exploration of options to jointly develop a first of its kind green hydrogen production facility in the country and I look forward to sharing updates as this initiative progresses.”
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