Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a land reservation agreement as Acme Group will set up Green Hydrogen and Ammonia project in the Special Economic Zone at Duqm (Sezad).
The agreement was signed by Dr Ali bin Masoud Al Sunaidi, Chairman of the Public Authority for Special Economic Zones and Free Zones and Manoj Upadhyay, Chairperson of ACME and Gursharan Jassal, General Manager, Business Developer of ACME.
Eng. Yahya Khamis Al-Zedjali, in charge of managing operations of the Sezad said that under the agreement, ACME Company will be conducting field studies of the project in the first phase that include installing anemometers to measure wind speed in Duqm and weather station for surveys and data collection.
Singing the agreement comes within the context of the authority’s plan to promote investment in the field of clean energy through the production of green hydrogen and ammonia from renewable energy, and to enhance its use in various fields, such as transportation and manufacturing sector, besides other energy resources in the Sezad.
Jalal Abdul Karim Al-Lawati of the Public Authority for Special Economic Zones and Free Zones pointed out that is currently negotiating with several international companies, which expressed their desire to establish projects for the production of green hydrogen and ammonia in Duqm, Salalah and Sohar.
He added that Duqm is the ideal region for attracting green hydrogen and ammonia projects due to the high solar irradiation, wind resources all year long, and easy export and import through Duqm Port, coupled with the large size of land allocated for renewable energy, which is estimated at 200 sq. km.
ACME is the largest solar energy operator in India, as it operates a solar power plant with a capacity of 3 GW, in addition to a 3 GW under construction plant.