News Release Details
New Delhi 30-May-2025
In a landmark move to advance India’s clean energy ambitions, IndianOil has finalised the Levelized Cost of Hydrogen (LCoH)* for setting up a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This marks IndianOil’s entry into the green hydrogen space with India’s largest-ever green hydrogen project to date.
Slated for commissioning by December 2027, the Green Hydrogen produced will replace fossil-derived Hydrogen in refinery operations, resulting in substantial reduction in Carbon emissions.
The project is fully aligned with Hon’ble Prime Minister’s vision for National Green Hydrogen Mission and stands as a strategic initiative under IndianOil’s decarbonization roadmap. It also marks a major milestone in the company’s journey towards achieving its Net Zero target, reinforcing IndianOil’s leadership in India's sustainable energy future.
Saurabh Dutt
Executive Director (Corporate Communication & Branding)
Indian Oil Corporation Limited