Abstract This article reports an economic assessment on a hydride hydrogen recovery, purification, storage, transportation and application project (HRPSTA) set for a system including a nitrogenous fertilizer plant and a float glass factory. In this project, a pretreatment unit and metal hydride containers are used to recover and purify the hydrogen from the purge gas of the ammonia fertilizer plant and to transport and use the hydrogen in the tin bath in the float glass factory. Detailed economic assessment, cost analysis and a cash flow statement are presented, and financial net present value (NPV), as well as intrinsic rate of return (IRR), is calculated. The result shows that this project, which is feasible technologically, is profitable economically.