Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Egypt, India Sign Deal to Build Green Hydrogen Factory Worth $8 Bln


Wed 27 Jul 2022 | 11:50 PM
H-Tayea

Egypt has signed a memorandum of understanding (MoU) with an Indian company to build a green hydrogen factory in the Suez Canal Economic Zone, a cabinet statement said on Wednesday.

According to the MoU, Indian ReNew Power Private Limited will build a factory to produce 20,000 tonnes of green hydrogen a year, with investments worth $8 billion.