Home-grown renewable energy player GreenZo Energy will set up green hydrogen capacities totalling 50 megawatt (MW) at various locations in Nepal. The capacities will be set up for Nepal’s API Power which will invest Rs 1,000 crore in the project, GeenZo said in a statement on Monday.
GreenZo Energy has signed a Memorandum of Understanding (MoU) with API Power to develop 50-MW green hydrogen plants that can generate 4,000-MT hydrogen annually, within a span of three years, in Nepal, it said.