In a significant move to advance clean energy in India, IndianOil has determined the Levelized Cost of Hydrogen (LCOH) for a Green Hydrogen Generation Unit with a capacity of 10,000 tonnes per annum at its Panipat Refinery & Petrochemical Complex.
This project marks IndianOil’s foray into the green hydrogen space and stands as the largest such initiative in India to date. According to a statement issued by the company on Friday, the plant is scheduled to be commissioned by December 2027. The green hydrogen produced will replace hydrogen currently sourced from fossil fuels in the refinery’s operations, leading to a notable reduction in carbon emissions.
This transition aligns with IndianOil’s broader goals of sustainability and environmental responsibility. The company emphasized that the initiative supports Prime Minister Narendra Modi’s National Green Hydrogen Mission and is a key component of IndianOil’s wider decarbonization efforts.
It also plays a crucial role in IndianOil’s commitment to achieving its Net Zero targets and reinforces its role in steering India toward a greener energy future.
Earlier, IndianOil Chairman Arvinder Singh Sahney, in an exclusive interview with ANI at the World Economic Forum 2025 in Davos, Switzerland, highlighted the progress of the project. He confirmed that the green hydrogen plant, with its 10,000-tonne annual capacity, has reached an advanced stage.
“The green hydrogen plant is now operational in terms of planning. We’ve received strong bids, tenders are under evaluation, and we expect to award the contract within a month. The plant at Panipat (Haryana) is expected to be commissioned within two years,” Sahney said.
This landmark project is set to play a key role in supporting India’s green energy ambitions and underscores IndianOil’s leadership in the nation’s transition to cleaner energy sources.
