IndianOil's Panipat Project: Pioneering Green Hydrogen in India
Key Ideas
  • IndianOil to establish India's largest green hydrogen facility in Panipat by December 2027, a key step in the country's decarbonisation strategy.
  • Strategic move showcases commitment to low-carbon fuels, aiming to reduce emissions and align with India's net-zero target.
  • Project signals a shift towards green hydrogen production, supporting the country's ambition to become a global leader in the sector.
  • Despite concerns about public-private balance and policy challenges, the initiative is expected to drive industrial decarbonisation, boost local employment, and foster clean fuel ecosystems.
IndianOil Corporation has finalized plans to build the country’s largest green hydrogen production facility at its Panipat Refinery and Petrochemical Complex by December 2027. This project marks a significant milestone in India's journey towards decarbonisation and energy transition. The Levelised Cost of Hydrogen (LCOH) for the 10,000-tonnes-per-annum unit underlines IndianOil's long-term commitment to green hydrogen. The initiative supports India's push for sustainability and aligns with the Prime Minister's vision for the country to be a global green hydrogen hub. While concerns exist regarding the balance between public and private interests in the energy sector, the Panipat project is poised to drive industrial decarbonisation and contribute to national development. By deploying advanced electrolysis technology and replacing grey hydrogen with green alternatives, the initiative will not only reduce emissions but also create employment opportunities and promote clean fuel ecosystems in the region. IndianOil's leadership in this endeavor highlights the crucial role of public sector undertakings in India's transition towards energy independence and climate resilience.
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