Sindh to build Pakistan's first green hydrogen plant

Sindh to build Pakistan's first green hydrogen plant

Sindh to build Pakistan's first green hydrogen plant

Naheed Memon, the Chief Executive Officer of UK-listed Oracle Power Public Ltd, and Power China International's Chief Representative in Pakistan signed a memorandum of understanding (MoU) for the development of Pakistan's first green hydrogen project.

According to credible sources, Energy Minister Imtiaz Ahmed Shaikh and Consul General of China in Karachi Li Bijian was present at the MoU signing event for the 400MW project, which took place at the provincial energy department.

They claimed that the announced facility will produce about 150,000 kg of green hydrogen per day from a 400MW plant powered by wind and solar farms.

They stated that the green hydrogen produced at this factory in Sindh will initially be exported, with the sponsors hoping to find buyers in China and the surrounding region.

According to the sources, this significant development occurred just days before the 26th United Nations Conference of the Parties on Climate Change, which would confirm a global commitment to hydrogen economies.

According to the energy minister, the commencement of this project coincided with Pakistan and China announcing plans to sign a three-year investment cooperation contract for green projects, and Sindh making history by declaring the country's first green hydrogen project.

Sindh province, he said, had the capacity to generate 50,000MW of wind and 10,000MW of solar power at commercial costs as low as US $ 3.5/kWh.

"When these resources are employed as captive power for creating hydrogen, the cost can be lower," he said, adding that this plant will produce green hydrogen at globally competitive rates that are ideally suited for both domestic and export markets.

Around the world, more than 350 hydrogen projects are being developed to decarbonize economic sectors such as heavy transportation, industries, and even aviation.

According to experts, with the proper regulation and investment, hydrogen might meet up to 24% of world energy demand by 2050.

Only 4% of hydrogen is now produced from renewable sources, but as the global decarbonization drive accelerates, this figure is likely to grow.

The green hydrogen produced at this Sindh factory would initially be exported, with the sponsors hoping to find clients in China and the surrounding region.

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