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IOC pioneers India's hydrogen economy efforts

24 Dec 2020 Evaluate

To give a fillip to India's push to usher in hydrogen-based mobility solutions ecosystem, Indian Oil Corporation (IOC) is inviting bids to procure 15 Polymer Electrolyte Membrane (PEM) fuel cell buses. This project is the first-ever attempt in the country to address all the aspects of hydrogen-based mobility as the ultimate green option.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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