Indian Oil Corporation's Milestone: Launching India's Largest Green Hydrogen Project
Key Ideas
  • Indian Oil Corporation has finalized the levelized cost of hydrogen for a 10,000-tonne per annum green hydrogen project at its Panipat Refinery & Petrochemical Complex.
  • The project, set to be operational by December 2027, will help in replacing fossil-based hydrogen with green hydrogen, leading to a significant reduction in carbon emissions.
  • Aligned with India's National Green Hydrogen Mission, this initiative supports IndianOil's decarbonization roadmap and showcases their commitment to sustainable energy solutions.
  • This step signifies Indian Oil Corporation's dedication to driving India's energy transformation towards a cleaner and greener future.
Indian Oil Corporation (IOCL) has made a significant stride in the clean energy sector by finalizing the levelized cost of hydrogen (LCoH) for its upcoming green hydrogen project at the Panipat Refinery & Petrochemical Complex. This 10,000-tonne per annum green hydrogen unit is a crucial advancement in India's transition to clean energy and serves as IndianOil's entry into the green hydrogen domain. By aiming to commission the project by December 2027, Indian Oil Corporation plans to utilize green hydrogen to replace fossil-based hydrogen in its refinery operations, which is expected to lead to a notable decrease in carbon emissions, aligning with India's climate objectives. This endeavor is not only in line with the National Green Hydrogen Mission but also supports IndianOil's efforts towards decarbonization and achieving Net Zero targets. The project highlights Indian Oil Corporation's commitment to driving India's energy revolution through sustainable and innovative solutions, underlining their vision for a greener future.
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