IOCL's Green Hydrogen Milestone in Panipat Refinery: Pioneering India's Clean Energy Transition
Key Ideas
- IOCL finalizes levelised cost of hydrogen for its green hydrogen project at Panipat refinery, marking its formal entry into green hydrogen sector.
- 10,000-ton green hydrogen plant at Panipat will be India's largest, aiming for operational status by December 2027 to reduce carbon footprint.
- Switch to green hydrogen to significantly cut carbon emissions, supporting national climate goals and aligning with India's Green Hydrogen Mission.
- IOCL's project showcases commitment to innovation and sustainability, leading the way in green hydrogen sector and contributing to India's energy transition.
Indian Oil Corporation Limited (IOCL) has finalized the levelised cost of hydrogen (LCoH) for its upcoming green hydrogen project at the Panipat refinery and petrochemical complex, marking a significant milestone in the company's venture into green hydrogen. The project entails the establishment of a 10,000-ton green hydrogen facility, poised to become India's largest upon completion. Scheduled for commissioning by December 2027, this plant will play a crucial role in supplying green hydrogen to replace the fossil-derived hydrogen currently utilized in refinery operations, thereby aiding in reducing the carbon footprint of the complex. By transitioning to green hydrogen, IOCL anticipates a notable decrease in carbon emissions, aligning with both national climate objectives and the company's sustainability targets. This initiative harmonizes with India's National Green Hydrogen Mission and IOCL's broader decarbonisation pathway. The endeavor underscores IOCL's dedication to fostering innovation and sustainability, positioning the company as a trailblazer in the green hydrogen domain. Through this project, IOCL not only advances its Net Zero aspirations but also contributes to India's energy transformation by embracing bold and future-ready solutions.
Topics
India
Innovation
Sustainability
Decarbonisation
Green Energy
Climate Action
Energy Transformation
Emissions Reduction
IOCL
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