NEOM green hydrogen project wraps up 2022 with ‘important milestone’

NEOM Green Hydrogen Company, a joint venture created by ACWA Power, Air Products and NEOM, has awarded an engineering, procurement and construction (EPC) contract to Indian Larsen & Toubro (L&T) for the planned mega green hydrogen plant in Saudi Arabia.

Screenshot. Source: NEOM Green Hydrogen Company's post on LinkedIn

On 22 December, NGHC announced that the contract was signed by its joint venture partner and EPC contractor Air Products and sub-EPC construction partner L&T as an ‘important milestone’ as the project advances construction to be onstream by 2026.

Under the contract, L&T will be in charge of the power grid and power generation works on EPC basis.

Screenshot. Source: NEOM Green Hydrogen Company’s post on LinkedIn

The deal follows the recently signed facility agreements with local, regional, and international banks and the execution of a commitment letter with the Saudi Industrial Development Fund (SIDF) for the NGHC’s green hydrogen plant.

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What is set to become ‘the world’s largest green hydrogen plant to produce green ammonia at scale’ will integrate up to 4 GW of solar and wind energy to produce up to 1.2 million tonnes of green ammonia translating to up to 600 tonnes per day of carbon-free hydrogen.

The mega plant will be a part of the city of NEOM, built from scratch in Tabuk Province in northwestern Saudi Arabia.

Once the plant is operational by 2026, 100% of the green hydrogen produced will be available for global export, in the form of ammonia, through an exclusive long-term agreement with Air Products.

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