Indian Oil to build India’s First Green Hydrogen Plant
Indian Oil will build India’s first Green Hydrogen Plant at Mathura refinery.
- This plant will be an addition in order to expand the existing crude oil refining capacity by 25 million tonnes per annum.
- Indian Oil has been pursuing its ambitious plans of hydrogen production across various types such as in renewable power to generate green hydrogen.
- Recently, Indian oil conducted a recent hydrogen fuel cell experiment in Delhi, in which 50 CNG BS-IV buses were converted to run on HCNG fuel. This experiment has revealed significant benefits in reducing exhaust emissions and improving fuel economy.
- Indian Oil is also in process to set up one-tonne per day capacity pilot plants on the basis of four innovative hydrogen production technologies.
- It will also operate 15 fuel cell buses in Delhi-National Capital Region along with Tata Motors.
Indian Oil- India’s largest fuel refiner and crude oil importer- in not only developing hydrogen fuel but also plans to expand biofuel manufacturing. In order to strengthen environmental stewardship, company is setting second (2G) and a third generation (3G) ethanol plant at Panipat Refinery. 2G plant will have the capacity of 100 Kilolitre per day and will use rice straw to produce ethanol.
It is the 6th refinery owned by Indian Oil Corporation and is located in Mathura, Uttar Pradesh. It processes low sulphur crude from Bombay High, high sulphur code from Middle east and imported low sulphur crude from Nigeria. Its construction started in October 1972. Former Prime Minister Indira Gandhi has laid down the foundation stone.
Category: Economy & Banking Current Affairs - 2022
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