Indian Oil Corporation’s (IOC) green hydrogen project has garnered interest from Linde, Acme, and Thermax. IOC, India’s largest oil refiner, is planning to set up a green hydrogen production unit at its Panipat refinery in Haryana
The green hydrogen generation plant in Panipat, with a capacity of 10,000 KTA, is slated to be the largest green hydrogen plant in the country.
The interested parties include:
- Linde: A global industrial gases company with expertise in hydrogen production and distribution
- Acme: An Indian renewable energy company with experience in solar and wind power
- Thermax: An Indian energy and environment solutions company with expertise in hydrogen generation and storage
The project’s tender process is expected to commence soon, with IOC seeking partners for technology, engineering, procurement, and construction (EPC) services
The green hydrogen project aligns with India’s National Hydrogen Mission, aiming to promote the use of hydrogen as a clean energy source. IOC plans to use the green hydrogen produced at Panipat to power its refineries, petrochemical plants, and transportation fleet
India’s push for green hydrogen is driven by its commitment to reduce carbon emissions and transition to cleaner energy sources. The country aims to achieve 15% of its energy requirements from hydrogen by 2050.
The IOC project is significant, as it will help establish India’s green hydrogen ecosystem and encourage other industries to adopt the clean energy source
The project’s success will also depend on the government’s support policies, including tax incentives, subsidies, and regulations to promote green hydrogen adoption