Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed land reservation agreement with Acme Group to set up Green Hydrogen & Ammonia project in the Special Economic Zone at Duqm on Monday.
The agreement was signed by H.E D. Ali bin Masuad Al Sunaidi, Chairman of the Public Authority for Special Economic Zones and Free Zones and Manoj Upadhyay, Chairperson of ACME & Gursharan Jassal – GM business developer of ACME.
Eng. Yahiya bin Khamis Al Zedjali, in charge of managing operations of the Special Economic Zone at Duqm (SEZAD) said that under the agreement ACME Company will be conducting filed studies of the project in the first phase that include installing anemometers to measure wind speed in Duqm and weather station for the purpose of surveys and data collection.
The singing of the agreement comes in 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 along with other energy resources in the Special Economic Zone at Duqm.