IndianOil's Landmark 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 in Panipat.
- Project to be commissioned by December 2027, aiming to replace fossil-derived Hydrogen with Green Hydrogen for reduced carbon emissions.
- Aligned with India's National Green Hydrogen Mission and IndianOil's decarbonization roadmap, supporting the country's sustainable energy future.
- Represents a significant step towards IndianOil's Net Zero target, showcasing leadership in the green technology sector.
In a significant move to bolster India's clean energy goals, IndianOil has announced the finalization of the Levelized Cost of Hydrogen (LCoH) for the establishment of a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This development signifies IndianOil's foray into the green hydrogen sector with the largest project of its kind in India. The green hydrogen produced by this unit, scheduled for completion by December 2027, will replace fossil-derived hydrogen in the refinery operations, leading to a considerable decrease in carbon emissions. This initiative is in line with the vision of the Hon’ble Prime Minister for the National Green Hydrogen Mission and is a strategic move under IndianOil's decarbonization strategy. It also represents a significant milestone in IndianOil's journey towards achieving its Net Zero target, showcasing the company's commitment to sustainable energy solutions and reinforcing its position as a leader in India's sustainable energy landscape.