IndianOil's Groundbreaking Green Hydrogen Project at Panipat Refinery
Key Ideas
- IndianOil finalizes Levelized Cost of Hydrogen for a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at Panipat Refinery.
- Project to be commissioned by December 2027, replacing fossil-derived hydrogen with green hydrogen, leading to a significant reduction in carbon emissions.
- Initiative aligns with Prime Minister Modi's National Green Hydrogen Mission and IndianOil's decarbonization strategy, supporting the company's Net Zero target.
- Chairman of IOC confirms substantial progress on the 10,000 tons per annum green hydrogen plant, aiming to contribute to India's green energy mission.
IndianOil has finalized the Levelized Cost of Hydrogen for establishing a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex, marking the company's entry into the green hydrogen sector. Set for commissioning by December 2027, this project will be the largest green hydrogen initiative in India to date. The transition to green hydrogen is expected to replace fossil-derived hydrogen in refinery operations, leading to a substantial reduction in carbon emissions. This move aligns with Prime Minister Narendra Modi's vision under the National Green Hydrogen Mission and is part of IndianOil's broader decarbonization strategy. The project also supports IndianOil's Net Zero target, demonstrating the company's commitment to a cleaner and greener energy future. The Chairman of IOC mentioned significant progress on the green hydrogen plant, with a production capacity of 10,000 tons per annum, highlighting bids received and the upcoming awarding of the job. The plant at Panipat aims to bolster India's green energy mission, contributing to a sustainable and carbon-neutral future.
Topics
Projects
Clean Energy
Sustainability
Carbon Emissions
Green Energy
Net Zero
Decarbonization
Environment-friendly
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