IndianOil Plans Groundbreaking Green Hydrogen Project in Panipat Refinery
Key Ideas
- IndianOil finalizes the Levelized Cost of Hydrogen for a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at Panipat Refinery.
- The project aims to replace fossil-derived Hydrogen with Green Hydrogen, reducing carbon emissions and supporting India's green energy mission.
- Chairman Arvinder Singh Sahney confirms progress, with tenders received and the contract set to be awarded soon, aligning with Prime Minister Narendra Modi's vision.
IndianOil has taken a significant step towards clean energy by finalizing the Levelized Cost of Hydrogen for setting up a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This project, set to be commissioned by December 2027, will be the largest green hydrogen initiative in India to date. The move is aimed at replacing fossil-derived Hydrogen in refinery operations, leading to a substantial reduction in carbon emissions. This initiative aligns with Prime Minister Narendra Modi's National Green Hydrogen Mission and plays a crucial role in IndianOil's decarbonization strategy, supporting the company's Net Zero target. The Chairman of IndianOil, Arvinder Singh Sahney, expressed optimism about the project's progress, stating that tenders have been received, and the contract will be awarded soon. The project's success will not only advance India's green energy mission but also contribute to a sustainable and carbon-neutral future. This endeavor solidifies IndianOil's position as a leader in India's energy transformation journey.
Topics
Green Hydrogen
Clean Energy
Sustainability
Green Energy
Environment
Decarbonization
Leadership
Refinery Operations
Carbon-neutral Future
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