In a bid to garner more interest in its third round of green hydrogen land auctions, Omani state Hydrogen firm Hydrom announced on 13 August “new fiscal incentives to enhance the commercial viability of projects.” The incentives include temporary reduced land lease fees, base royalties, and corporate tax exemptions.
“The newly introduced incentives reflect Hydrom’s proactive approach to evolving market dynamics, reaffirming Oman’s position as a delivery-focused, investment-ready destination for large-scale hydrogen development,” says Hydrom MD Abdulaziz al-Shidhani. (CONTINUED - 126 WORDS)