Nepal to explore green hydrogen plant with South Korean partner

Key Points

• Nepal Investment Board and South Korea’s G-Philos signed an MoU to prepare a feasibility study for a green hydrogen and fuel cell plant.
• The feasibility study will be completed and submitted within the next ten months.
• The project will be developed under a public-private partnership model approved by Nepal Investment Board.
• South Korean Ambassador highlighted Nepal's renewable energy potential as crucial for sustainable development.