India's IoCL to Establish Largest Green Hydrogen Plant in Panipat Refinery
Key Ideas
- Indian Oil Corporation received five bids to establish a 10,000-tonne-per-annum green hydrogen plant, a crucial step in India's clean energy push.
- The project aims to produce green hydrogen for sectors like refineries, steel plants, and heavy-duty logistics, with plans for operationalization within two years.
- IoCL's commitment to green hydrogen faced challenges with two previous cancelled tenders, but the current positive response signals progress in India's green hydrogen ecosystem.
- The project, to be implemented on a BOO basis, highlights IoCL's goal of fostering sustainable energy solutions and leading India's green hydrogen revolution.
Indian Oil Corporation (IoCL) is set to establish the largest green hydrogen plant in the country at its Panipat refinery in Haryana. This move is part of India's transition towards cleaner energy sources. The 10,000-tonne-per-annum plant will focus on producing green hydrogen, a climate-friendly fuel that targets hard-to-abate sectors like refineries and steel plants. IoCL received positive responses with five bids for the project, which is expected to be operational in two years. The plant aims to cater primarily to IoCL's refineries, potentially replacing grey hydrogen currently used for various operations. IoCL's commitment to a green hydrogen ecosystem was met with challenges as two earlier tenders were cancelled due to limited industry interest. However, the current progress signifies a step forward in India's green energy landscape. The project is to be executed on a build-own-operate basis, leveraging IoCL's substantial hydrogen consumption in India. The corporation's vision includes redirecting green hydrogen for mobility if the need arises, showcasing a versatile approach. Despite initial setbacks, the corporation remains steadfast in its goal of transitioning to sustainable energy solutions. Overall, the IoCL's initiative positions it as a key player in India's green hydrogen revolution, paving the way for a more environmentally friendly and sustainable future.
Topics
Green Hydrogen
Renewable Energy
Clean Energy
Infrastructure
Sustainability
Industry
Refinery
Tendering
Ecosystem
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