Oman's The General Authority for Special Economic Zones and Free Zones has allotted land for a clean energy zone within the Duqm special economic zone, according to a tweet posted by state-run media Oman News Agency.
The Authority has allotted 100 square kilometers along the sea to generate around 10 gigawatts of electrical energy, the agency said in a tweet.
The agency also tweeted that a group of international companies have expressed interest to invest in green hydrogen projects in the free economic zones in the Sultanate.
(Writing by Sowmya Sundar; Editing by Anoop Menon)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2020