IndianOil's Landmark Green Hydrogen Project at Panipat Refinery: A Step Towards India's Clean Energy Mission
Key Ideas
- IndianOil finalizes the Levelized Cost of Hydrogen for a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at Panipat Refinery, contributing to India's green energy mission.
- The project aims to replace fossil-derived hydrogen in refinery operations, leading to a substantial reduction in carbon emissions and aligning with Prime Minister Narendra Modi's vision.
- The company's commitment to the National Green Hydrogen Mission, Net Zero target, and a cleaner, greener energy future is demonstrated through this significant initiative.
- The Green Hydrogen plant, expected to be commissioned by December 2027, marks IndianOil's entry into the green hydrogen sector and strengthens its position in the energy transformation journey in India.
IndianOil has taken a significant step towards promoting clean energy in India by finalizing the Levelized Cost of Hydrogen (LCOH) for establishing a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This initiative is a key part of IndianOil's efforts to contribute to India's green energy mission and move towards a more sustainable and carbon-neutral future. The project, expected to be operational by December 2027, will see the production of green hydrogen, which will replace fossil-derived hydrogen in the refinery's operations, leading to a notable reduction in carbon emissions.
The company's move aligns with Prime Minister Narendra Modi's vision under the National Green Hydrogen Mission and forms a crucial aspect of IndianOil's broader decarbonization strategy. By transitioning to green hydrogen, IndianOil is not only aiming to meet its Net Zero target but also demonstrating its dedication to spearheading India's transition towards cleaner and greener energy sources. The project has received positive feedback, with Chairman of IndianOil, Arvinder Singh Sahney, highlighting the progress made and the expected commissioning timeline during the World Economic Forum 2025 in Davos, Switzerland.
This initiative at the Panipat Refinery signifies IndianOil's commitment to driving India's energy transformation journey forward. By venturing into the green hydrogen sector with this significant project, IndianOil is not only enhancing its position as an industry leader but also playing a vital role in shaping a more sustainable energy landscape for the nation.