Oman signs land deal for green hydrogen project with India's ACME, report says

Acme United

23/08/2021 09:57

CAIRO, Aug 23 (Reuters) - Oman has signed a land reservation
agreement for a green hydrogen and ammonia project that Indian
company ACME aims to set up in the Special Economic Zone at
Duqm, Oman's state news agency said on Twitter on Monday.
    The deal is part of a plan by Oman's Public Authority for
Special Economic Zones and Free Zones to promote investment in
clean energy by producing hydrogen and ammonia from renewable
energy to boost its use, including in transport and industry,
the agency said.
    

 (Reporting by Nayera Abdallah; Editing by Edmund Blair)
 ((Nayera.Abdallah@thomsonreuters.com;))