IOC's Groundbreaking Green Hydrogen Project in Panipat: India's Clean Energy Leap
Key Ideas
  • Indian Oil Corporation (IOC) finalizes the levelized cost of hydrogen for a 10,000 tonnes per annum green hydrogen project in Panipat, India.
  • The project aims to achieve substantial carbon emissions reduction by replacing fossil-derived hydrogen with green hydrogen in refinery operations.
  • The initiative aligns with India's National Green Hydrogen Mission and IOC's net-zero carbon emission target, marking a significant milestone in the country's sustainable energy future.
  • The green hydrogen will be produced through splitting water using renewable energy sources, contributing to India's clean energy goals and IOC's environmental aspirations.
The State-owned Indian Oil Corporation (IOC) has finalized plans for India's largest green hydrogen project in Panipat, Haryana, targeting a production capacity of 10,000 tonnes per annum by December 2027. This initiative signifies a major leap towards India's clean energy objectives and IOC's ambition to achieve net-zero emissions. The project involves the generation of green hydrogen at the Panipat refinery and petrochemical complex, aiming to replace fossil-derived hydrogen and significantly reduce carbon emissions in refinery operations. By utilizing renewable energy sources like solar, wind, or hydropower to produce green hydrogen, the project aligns with the government's National Green Hydrogen Mission and IOC's decarbonization roadmap. This strategic move not only contributes to India's sustainable energy future but also reinforces IOC's position as a leader in the country's energy transition. The project signifies a crucial step in the adoption of green hydrogen, a clean fuel with diverse applications across various industries and transportation sectors, highlighting the pivotal role of hydrogen in driving sustainable development.
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