CAIRO, July 27 (Reuters) – Egypt has signed a memorandum of understanding (MoU) with an Indian company to build a green hydrogen factory in the Suez Canal Economic Zone, a cabinet statement said on Wednesday.

According to the MoU, Indian ReNew Power Private Limited (RENE.BO) will build a factory to produce 20,000 tonnes of green hydrogen a year, with investments worth $8 billion.

https://www.reuters.com/business/sustainable-business/egypt-india-sign-mou-build-green-hydrogen-factory-worth-8-bln-2022-07-27/