Green Hydrogen Plant to be Built in Sindh
Karachi: The first-ever Hydrogen Plant to be introduced in Sindh with the capacity to produce around 150,000kg of fuel by day.
A memorandum of Understanding was signed by the Chief Executive Officer of a UK-listed Oracle Power Public (Ltd), Naheed Memon, as well as the chief representative in Pakistan of Power China International for the development of the very first green hydrogen plant in the country.
Reliable sources suggested that the MOU signing ceremony of the 400MW project, which was organized at the provincial energy department, was witnessed by the energy minister Imtiaz Ahmed Sheikh and Consul General of China in Karachi Li Bijian.
It was told that the facility would produce approximately 150,000 kg per day of green hydrogen from a 400 MW capacity plant utilizing the energy from the wind and solar Farms.
The Green Hydrogen produced from this plant in Sindh would be exported at first whereas the sponsors aimed to secure buyers in China and in the region.
Sponsors informed the energy minister that they hoped to secure global support for this important project.
Over 350 hydrogen projects are at the moment in the process of development around the world that are looking to decarbonize the economic sectors and this involved aviation, heavy transportation, and industry.
According to the reports, this hydrogen supply could satisfy as much as 24 percent of the global energy demand by the year 2050.
As of now, only 4 percent of the hydrogen is produced with the help of green sources but this is expected to multiply as the global decarbonization drive is accelerated.
The green hydrogen that is produced from this plant in the province of Sindh will be exported initially and the sponsor’s objective is to secure buyers in China and in the region.
There are over 10 large market economies that have already established Hydrogen policies.