OIL & GAS

Indian Oil Corporation to build green hydrogen plant at Mathura refinery

State-run Indian Oil Corporation (IOC) said on Friday that it will build the nation’s first ‘green hydrogen’ plant at its Mathura refinery. Solar and wind plants can produce green hydrogen with the help of electrolysers, and the company intends to wheel electricity from its wind power project in Rajasthan to generate hydrogen in Mathura refinery.

The announcement closely follows the central government unveiling its plans of imposing green hydrogen consumption obligations on fertiliser producers and petroleum refiners to create a market for green hydrogen.

“As we see it, green hydrogen will replace carbon-emitting fuels used in the refinery to process crude oil into value-added products such as petrol and diesel,” IOCL chairman Shrikant Madhav Vaidya said.

Source
financial express
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