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HPCL setting up electrolyzer based green hydrogen plant at Visakh Refinery

21 Jul 2023 Evaluate

Hindustan Petroleum Corporation (HPCL) is setting up a 370-tonne-per-annum electrolyzer-based green hydrogen plant at Visakh Refinery in Andhra Pradesh. The state-owned entity spent Rs 11 crore out of a total fund allocation of Rs 33 crore for this project. The scheduled completion date of the project is September this year. 

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.


Peers
Company Name CMP
Reliance Industries 1226.00
Indian Oil Corpn. 135.80
Bharat PetroleumCorp 307.55
HPCL 351.50
MRPL 164.85
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