Indian Oil Corp's Green Hydrogen Project at Panipat Refinery: Pioneering India's Clean Energy Future
Key Ideas
- Indian Oil Corp finalized the Levelised Cost of Hydrogen for a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at Panipat Refinery, a significant step towards clean energy goals.
- The project, set for commissioning by December 2027, will replace fossil-derived Hydrogen in refinery operations, leading to a reduction in carbon emissions and supporting India's National Green Hydrogen Mission.
- Indian Oil Corp's initiative also aligns with the company's decarbonization roadmap and contributes to its Net Zero target, showcasing leadership in sustainable energy practices.
- This project is identified as the largest green hydrogen project in India so far, indicating a significant step forward in India's transition towards cleaner and renewable energy sources.
In a significant move to boost India's clean energy efforts, Indian Oil Corp has made strides in the green hydrogen space by finalizing the Levelised Cost of Hydrogen for establishing a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This endeavor positions IOC at the forefront of sustainable energy initiatives in India, representing the country's largest green hydrogen project to date. With a target for completion by December 2027, the Green Hydrogen facility will play a pivotal role in displacing fossil-derived Hydrogen in refinery activities, leading to a tangible reduction in carbon emissions and supporting India's National Green Hydrogen Mission. Notably, this project also signifies a crucial milestone in IOC's journey towards achieving its Net Zero target, underscoring the company's commitment to fostering a greener energy landscape. By embracing such strategic initiatives, Indian Oil Corp not only reinforces its leadership in India's sustainable energy domain but also propels the nation closer to its sustainable development goals.
Topics
India
Renewable Energy
Clean Energy
Sustainability
Carbon Emissions
Decarbonization
Refinery
Net-zero Target
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