Oracle Energy’s CEO targets FID on Pakistan green hydrogen project within 18 months

Oracle Energy’s CEO has told H2 View the company is on a “very ambitious timeline” for its 400MW green hydrogen project in Pakistan, with the intention of completing final investment decision (FID) within the next 18 months.

In an exclusive interview, Naheed Memon, CEO of the Joint Venture between London-listed Oracle Power and Dubai ruling family member, His Highness Sheikh Ahmed Dalmook al Maktoum, explained the company is committed to making the project happen.

“There are lots of green hydrogen projects that are conceptually in place, but work hasn’t really started,” Memon said. “We’ve actually invested, we are on the ground, we are actually developing this project. We are very committed to putting together a sound, viable, and commercially possible project.”

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