Nepal's Leap into the Green Hydrogen Future with South Korean Partner
Seoul, Friday, 5 September 2025.
G-Philos and Nepal’s Investment Board are teaming up to explore a green hydrogen plant. This collaboration could position Nepal as a renewable energy leader, supporting global eco-friendly trends.
A New Era for Nepal’s Energy Sector
The recent memorandum of understanding between South Korea’s G-Philos and the Investment Board of Nepal marks a significant milestone for Nepal’s energy landscape. Signed on 3 September 2025, this partnership aims to explore the feasibility of establishing a green hydrogen and fuel cell plant in the country [3][4]. With an estimated cost of about Rs 6 billion, the proposed project will utilise around 20 megawatts of electricity [3]. This initiative not only aligns with Nepal’s Hydrogen Policy 2023 but also with its broader goal of achieving net-zero carbon emissions [3].
Why Green Hydrogen?
Green hydrogen is gaining traction globally as a cleaner energy alternative. Nepal’s interest in this area is driven by its vast hydropower potential. The country aims to harness this renewable resource to produce hydrogen, potentially reducing its reliance on imported petroleum products [3]. By collaborating with G-Philos, Nepal hopes to leverage South Korean expertise in hydrogen technology, a move that could significantly bolster its renewable energy initiatives [4].
A Global Trend
This collaboration is part of a broader global trend towards renewable energy solutions. Countries worldwide are recognising the potential of hydrogen as a sustainable energy source. For instance, Chile is actively developing its green hydrogen sector, with initiatives like hydrogen-powered trucks and buses [2]. Similarly, the UK is expanding its hydrogen sector through key policy changes and investments [9]. Nepal’s venture into green hydrogen places it within this global movement, highlighting the universal shift towards cleaner energy [4].
Potential Impact on Nepal
The establishment of a green hydrogen plant could have numerous benefits for Nepal. It is expected to support the country’s commitment to sustainable development and renewable energy [4]. Additionally, by focusing on hydrogen production, Nepal could enhance its energy security while creating new economic opportunities. The project’s success may encourage further international collaborations and investments in the region, fostering a robust renewable energy ecosystem [3][4].