Investment of NRNA Ex-chair Ghale

Oct. 12: Former Chairperson of Non-Resident Nepali Association (NRNA) Shesh Ghale has mentioned to invest in the production of green hydrogen in Nepal. His MIT Group, the main host of the ‘Nepal Green Hydrogen Summit-2022’, has made preparation in it.

Renowned entrepreneur Ghale shared that green hydrogen is being increasingly used across the globe as an alternative source of energy. He said that his group is investing in the new area of green hydro with social responsibility when the snow-capped mountain that are the sources of livelihood for two billion people in the world are melting and snow rivers are also facing problems. “Nepal can be a hub of green hydrogen. Let us join our hands to open up this opportunity from today onward,” he said . Officially the total production capacity of hydropower project has reached 2,300 MW.

Nepal can produce green hydrogen from clean water available in the country by utilizing electricity power, he said, adding they have come up with the plan to produce and export green hydrogen as an alternative energy to the global market. He also emphasized that beside hydrogen, production of ammonia and urea is also possible however the study for it is underway.

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