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India's Ocior Energy plans to invest $4 bln for Egypt hydrogen production
Nada Ali Published in Amwal Al Ghad on 09 - 08 - 2023

India-based Ocior Energy has unveiled ambitious plans to invest up to $4 billion into green hydrogen production in Suez Canal Economic Zone, reported Asharq Business, quoting Yahya Al-Wathiq Bellah, head of the Egyptian Commercial Representation at Ministry of Trade.
Al-Wathiq Bellah added that the final contracts for the initiative are anticipated to be signed within the coming months, as Ocior Energy venture from is expected to take approximately six years.

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