Indian Oil Corporation to Commission Green Hydrogen Plant in Panipat, Haryana
Key Ideas
- Indian Oil Corporation (IOC) is set to commission a green hydrogen plant in Panipat, Haryana, with a production capacity of 10,000 tons per annum, contributing to India's green energy mission.
- IOC's focus on city gas distribution (CGD) sector includes expanding infrastructure, providing more connections to households, and increasing the number of CNG stations and supply of piped natural gas.
- Chairman Arvinder Singh Sahney mentioned that American sanctions on Russia will have limited effect on India and expressed confidence in India's ability to meet its energy needs from multiple sources.
- While IOC currently has no active plans for acquisitions, it remains dedicated to enhancing its existing operations with the green hydrogen initiative and a strong CGD business.
Indian Oil Corporation (IOC) is making strides towards sustainability by planning to commission a green hydrogen plant in Panipat, Haryana. The Chairman of IOC, Arvinder Singh Sahney, revealed during the World Economic Forum 2025 in Davos, Switzerland, that the 10,000 tons per annum plant has shown significant progress. This initiative aligns with India's green energy mission and aims for a sustainable and carbon-neutral future.
In addition to the green hydrogen plant, IOC is actively expanding its city gas distribution (CGD) sector. The corporation is focusing on developing infrastructure, providing more connections to households, and increasing the availability of CNG stations and piped natural gas. The efforts in the CGD sector are crucial for enhancing energy accessibility and reducing carbon emissions.
Chairman Sahney also addressed American sanctions on Russia and mentioned that India has diversified energy sources to meet its needs, diminishing the impact of sanctions. While there are no immediate plans for acquisitions, IOC remains committed to improving its operations with a green focus. This proactive approach demonstrates IOC's dedication to a cleaner and greener energy landscape and its significant role in India's energy transition.
Topics
Green Hydrogen
Clean Energy
Energy Security
Sustainability
Energy Transition
Future Energy
Infrastructure Expansion
Economic Forum
Oil And Gas Sector
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