ReNew Power to Set Green H2 Plant in Egypt

Published on November 17, 2022
Current Context: The ReNew Power Private Limited signed a Framework Agreement with the Government of Egypt to set Green Hydrogen Plant in the country.
ReNew Power to Set Green H2 Plant in Egypt
  • According to the Framework Agreement, the Green Hydrogen Plant will be built in the Suez Canal Economic Zone.
  • The plant will have the capacity to produce 220,000 tons of green hydrogen per year and will be built with an investment of USD 8 billion.
  • The project will be built in a phased manner in which the pilot phase will aim at producing 20,000 tons of green hydrogen per year.
  • Elsewedy Electric SAE will work with ReNew Power on the project as a local co-developer.
  • ReNew Power Private Limited was established in 2011 with its headquarters in Gurugram, Haryana. The current Chairperson of the company is Sumant Sinha.

Question:

Q.1 The ReNew Power Private Limited will set Green Hydrogen Plant in?
a. India
b. UAE
c. Qatar
d. Egypt
IBPS RRB Scale II GBO Course 2025

About Me

Ramandeep Singh

Ramandeep Singh

Educator & Banking Expert

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

14+
Years Experience
5000+
Selections
Ex-BoB
Banker
Close Menu
Close Menu