A provincial government in Pakistan has fully licensed the construction of a 400-megawatt green hydrogen project that will be powered by 500 megawatts of wind and 700 megawatts of solar, backed by batteries.

The unnamed facility is being developed by Oracle Energy, a joint venture 70 percent owned by Sheikh Ahmed Darmouk Al Maktoum, a key member of the Dubai royal family, and owned by London-based AIM. Publicly listed Oracle Power owns a 30% stake. Pakistan will issue a letter of intent to Oracle for the establishment of 1,200MW of hybrid solar. Wind and green hydrogen power projects are subject to a $600,000 performance guarantee from Oracle Energy.

Naheed Memon, CEO of Oracle Power, said, "I am delighted that the green hydrogen plan in Pakistan has been confirmed and it will be approved by the Sindh provincial government by issuing a letter of intent, subject to bank guarantees.

Memon explained that the letters of intent that we have obtained or approved are very specific to build green hydrogen facilities and possibly sell excess electricity to third parties. So it's a kind of full government license that allows us to build power generation facilities for our own use or for sale by third parties.

Oracle Power describes itself as an international power and natural resource project developer primarily focused on Pakistan and Western Australia. Despite claiming to work in an environmentally responsible manner, it also owns mining rights to 1.4 billion tonnes of lignite in Sindh province and plans to build a 1.32 GW coal-fired power plant there. The company also has a license to search for gold in Western Australia. Keywords: engineering news, overseas news

Sheikh Ahmed Dalmouk of Maktoum's private office owns a range of private group companies, mainly focusing on infrastructure development, energy projects, LNG terminal development, commodity and oil trading, desalination, water recycling as well as educational and agricultural projects.Editor/XingWentao