The MOU signing ceremony for the plant was held at the Energy Department in Karachi. The MoU was inked between Oracle Power Public Ltd Chief Executive Officer (CEO) Naheed Memon and Power China International Pakistan Chief Representative Yang Jianduo for the development of the first green hydrogen project in Pakistan. Sindh Energy Minister Imtiaz Sheikh and Chinese Consul general Li Bijian witnessed the history in making as the MOU was signed.
The agreement announced that the facility will produce a minimum of 150,000 kg per day of green hydrogen from a 400 MW capacity plant using the energy from natural wind and solar farms.
It is announced that the Green hydrogen produced from this plant in Sindh will be exported initially and the sponsors aim to secure the buyers in China first and in the region.