Oracle Power PLC , a Pakistan and Australia-focused natural resources project developer, stated that it achieved significant progress made towards demonstrating the commercial viability of the green hydrogen project in Pakistan:
Completion of 28km2 topography survey report utilising advanced drone technology to gather vital mapping data which revealed no significant obstructions to the development of the green hydrogen project.
The survey’s findings will play a crucial role in optimising the planning, design and construction costs for the proposed future 1.2 GW hybrid wind and solar plants, along with the intended 400 MW green hydrogen facility.
Successful conclusion of the technical and commercial feasibility study for the green hydrogen and green ammonia project.
Chief Executive Officer Naheed Memon says: “Our focus during the period has been on the continued demonstration of our green hydrogen project as a strategically important and commercially attractive new project of internationally significant proportions. The successful completion of both the topography study, and most importantly, the green hydrogen and green ammonia feasibility study by renowned construction engineering group thyssenkrupp Uhde, provides significant encouragement as we look to now conclude firm offtake agreements and develop FEED work for the plant.”
Photo of Oracle Power PLC
Press release https://is.gd/sKT0f5
