HPCL Call for Green Hydrogen Supply in Visakh Refinery for 25 Years
Key Ideas
- HPCL is seeking bids for the annual supply of 5,000 tons of green hydrogen to its Visakh refinery for a 25-year period.
- Bidders need to meet financial requirements, have relevant experience in oil and gas or power sectors, and construct the green hydrogen generation unit.
- Operators must comply with local regulations, obtain statutory approvals, and ensure continuous supply and maintenance of the GHGU.
- The project offers opportunities for developers to integrate renewable energy sources and contribute to HPCL's hydrogen distribution network.
Hindustan Petroleum Corporation Limited (HPCL) has released an invitation for bids for the annual supply of 5,000 tons of green hydrogen to its Visakh refinery over a 25-year term. The bidding process deadline is set for January 21, 2025. To be eligible, bidders must provide an earnest money deposit, meet certain financial criteria, and demonstrate relevant experience in executing projects in the oil and gas or power sectors. Additionally, bidders will be responsible for selecting the project site, acquiring land, and constructing the green hydrogen generation unit (GHGU), including essential components like electrolysers, power systems, and purification units. The chosen developer will also handle surveys, pipeline connections, rights of way, and integration with HPCL's hydrogen distribution network. Bidders have the flexibility to build renewable energy projects or secure power through agreements to meet the GHGU's energy needs. Adherence to safety standards, obtaining statutory approvals, and compliance with local regulations are crucial aspects. The operator awarded the project will oversee GHGU operations, ensuring a consistent supply of green hydrogen. This initiative presents an opportunity for developers to leverage renewable energy sources and contribute to HPCL's sustainable hydrogen distribution network.