L&T Wins Bid to Set up Green Hydrogen Unit at Indian Oil's Panipat Refinery
Key Ideas
- L&T Energy Green Tech wins the auction to establish a 10-KTPA green hydrogen unit at Indian Oil's Panipat Refinery in Haryana.
- Indian Oil Corporation plans to generate 350 KTPA of green hydrogen by 2030, with this project contributing 50% to its target.
- IOCL is exploring various hydrogen production technologies and aims to convert natural gas pipelines for hydrogen transport.
- The Indian government has issued criteria for 'green' hydrogen certification, emphasizing low greenhouse gas emissions for recognition.
L&T Energy Green Tech (L&T) has secured the bid to build a 10-KTPA green hydrogen generation unit at Indian Oil Corporation's Panipat Refinery Petrochemical Complex in Haryana, India. The project, won at a rate of ₹397 (~$4.66)/kg, is set to be completed within 30 months, with L&T supplying green hydrogen to IOCL for 25 years. This initiative is part of IOCL's plan to achieve 350 KTPA green hydrogen production by 2030, with the Panipat Complex aiming to expand its capacity to 25 MMTPA. IOCL is also focusing on R&D for hydrogen production technologies like biomass gasification and solar-powered electrolyzers. Furthermore, they are working on repurposing natural gas pipelines for hydrogen transportation. In collaboration with Tata Motors, IOCL has introduced green hydrogen fuel cell buses, operating 15 such vehicles in the Delhi-NCR region. The government's recent guidelines establish strict criteria for 'green' hydrogen certification, emphasizing low non-biogenic greenhouse gas emissions to qualify as green hydrogen. Additionally, a new program launched by the Ministry of New and Renewable Energy promotes innovative green hydrogen production and utilization across various sectors, supporting pilot projects for residential, commercial, and decentralized applications.