GreenZo Energy plans to build a 50 MW hydrogen power plant in Nepal

GreenZo Energy, a local supplier of renewable energy, will install 50 MW worth of green hydrogen production facilities around Nepal. According to a statement released by GeenZo on Monday, the capabilities would be made up for API Power of Nepal, which will invest Rs 1,000 crore in the project. In order to build 50 MW green hydrogen plants in Nepal that have a three-year construction timeframe and can produce 4,000 MT of hydrogen annually, GreenZo Energy and API Power have signed a Memorandum of Understanding (MoU). In accordance with the agreement, API Power suggested using hydrogen initiative locations for current hydro and solar projects. The 8.5 MW Naugarh Gad Hydroelectric Project will serve as the launch site for the 1-MW pilot hydro project, as agreed upon by the two firms.Also read: SECI awards JSW Neo Energy wind energy projectGUVNL floats tender for solar projects