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 marks IndianOil's entry into the green hydrogen sector and is set to be the largest green hydrogen project in India to date. The project aims to combat carbon emissions by replacing fossil-derived Hydrogen with green hydrogen in refinery operations, with the plant expected to be commissioned by December 2027. This move is in line with Prime Minister Narendra Modi's vision under the National Green Hydrogen Mission and forms a crucial part of IndianOil's decarbonization strategy, supporting the company's Net Zero target. The Chairman of IOC, Arvinder Singh Sahney, highlighted the progress made in the project during the World Economic Forum 2025 in Davos, mentioning that the plant is on track for commissioning within two years. This initiative not only contributes to India's green energy mission but also reinforces IndianOil's position as a leader in the country's energy transformation journey towards sustainability and a carbon-neutral future.