1. Home
  2. Business & Finance
  3. Egypt and India sign MoU to build a green hydrogen factory worth $8bn – EQ Mag Pro
Egypt and India sign MoU to build a green hydrogen factory worth $8bn – EQ Mag Pro

Egypt and India sign MoU to build a green hydrogen factory worth $8bn – EQ Mag Pro

0
0

CAIRO: Egypt has signed a memorandum of understanding with an Indian company to build a green hydrogen factory in the Suez Canal Economic Zone, a cabinet statement said on July 27.

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

Source: arabnews

Anand Gupta Editor - EQ Int'l Media Network