IndianOil to build nation's first green hydrogen plant at Mathura refinery
All of the expansion projects will use grid electricity, preferably green power to meet the energy requirements.
Indian Oil Corporation/AFP
New Delhi: The energy of India and largest oil firm Indian Oil Corporation will build the nation's first 'green hydrogen' plant at its Mathura refinery. The aim of this project is to grow the better demand for oil and cleaner forms of energy for future growth. According to PTI, The company will not set captive power plants at all its future refinery and petrochemical expansion projects and instead use the 250 MW of electricity it produces from renewable sources like solar power.
"We have a wind power project in Rajasthan. We intend to wheel that power to our Mathura refinery and use that electricity to produce absolutely green hydrogen through electrolysis," he said.
"Mathura has been selected by virtue of its proximity to TTZ (Taj Trapezium Zone)," Vaidya said adding the green hydrogen will replace carbon-emitting fuels that are used in the refinery to process crude oil into value-added products such as petrol and diesel. He said all of the expansion projects will use grid electricity, preferably green power to meet the energy requirements.
"We have got a number of expansions down the line which are already approved. We will not have a captive power plant and will utilise power from the grid, preferably green power. This will help decarbonise some part of the manufacturing," he said.
Read Also : KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sectorNews Must Read
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE