On 25^th February 2021, Department of Mechanical Engineering, Kathmandu University and Jade Consult Pvt. Ltd signed a MoU to establish a foundation for the cooperation with Mechanical Engineering aspects of alternative energy including hydropower and green hydrogen. The MOU also includes an activity of grant from Jade Consult to promote and support research at the newly established Green Hydrogen Lab under DOME, KU.

The MoU has been signed by Dr. Daniel Tuladhar, Head of Department, DoME, KU and Mr. Binod Ghimire, General Manager, Jade Consult Pvt. Ltd.

As per the MOU Jade Consult will support the development of infrastructure and facilities in the Green Hydrogen lab to the worth of Ten lakh Nepali Rupees (NRs 10,00,000/-). Relevant equipment as suggested from Green Hydrogen Lab will be procured by Jade Consult. The property after then will be hand over to the Department of Mechanical Engineering, Kathmandu University. The facility and equipment produced under this cooperation will be used for academic and research activities at the Green Hydrogen Lab. The purchasing activities need to be completed within the fiscal year of 2078/79 BS. The Memorandum will remain in force for a period of 2 years.