IOCL's Milestone: Largest Green Hydrogen Plant in India at Panipat Refinery
Key Ideas
  • IOCL has received five bids for a 10,000-ton-per-annum green hydrogen plant at Panipat, with plans to award contracts soon.
  • Green hydrogen is crucial for decarbonizing industries like refineries and steel plants, where conventional methods fall short.
  • IOCL's strategic move positions it as a leader in India's energy transition, aiming to cater to its own needs and drive green hydrogen growth.
  • The successful establishment of the plant will contribute to expanding India's green hydrogen production and future energy mix.
Indian Oil Corporation Limited (IOCL) is on the verge of establishing India's largest green hydrogen plant at its Panipat refinery. The company has received five bids for the 10,000-ton-per-annum facility, showing a positive response from the industry. This marks the third attempt by IOCL, with previous tenders facing challenges due to lack of interest. The green hydrogen plant holds strategic importance for IOCL, the country's largest hydrogen consumer, as it aims to create a sustainable ecosystem and reduce dependency on grey hydrogen. By moving towards green hydrogen, IOCL is not only meeting its own needs but also contributing to India's green energy future. The successful establishment of this plant will pave the way for expanding India's green hydrogen production capacity, enhancing the nation's energy mix and sustainability efforts.
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