Indian Oil Corporation 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 Indian Oil’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 Prime Minister’s vision for National Green Hydrogen Mission and stands as a strategic initiative under Indian Oil’s decarbonization roadmap. It also marks a major milestone in the company’s journey towards achieving its Net Zero target, reinforcing Indian Oil’s leadership in India's sustainable energy future.
Indian Oil Corporation 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.
