Oracle Power – Completion of Technical & Commercial Feasibility Study – Green Hydrogen and Ammonia Project

Oracle Power PLC (AIM: ORCP), an international project developer, announce the completion of its technical and commercial feasibility study (the “Study”), undertaken by leading international construction engineering company, thyssenkrupp Uhde, relating to its green hydrogen and green ammonia project (the “Project”) in Pakistan.

The Project, which is being developed by the Company’s joint venture company, Oracle Energy Limited (“Oracle Energy”), is targeting a 400MW capacity green hydrogen production facility, with annual production of 55,000 tonnes of green hydrogen. Located in the designated wind corridor in the province of Sindh in southern Pakistan, the Project is expected to deploy 700MW of solar and 500MW of wind power to produce green hydrogen.

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