India refineries to invest $23bn in green hydrogen build-out | Hydrogen
Indian refineries are set to invest ₹2 trillion ($23bn) in green hydrogen projects over the next few years, according to the Independent Commodity Intelligence Services (ICIS), marking one of the world’s most ambitious national pushes for hydrogen decarbonisation. The plans include tenders for 42,000 tonnes per year of green hydrogen production across domestic oil refineries, recently confirmed by India’s Minister for Petroleum and Natural Gas, Hardeep Singh Puri. “These tenders have been floated by the refineries while 128 more will be issued by state-owned refineries based on the outcome of those tenders,” he said on social media platform X. To date, four green hydrogen pilot or demonstration plants have been commissioned by Indian Oil Corp (IOC), GAIL India, Hindustan Petroleum and Bharat Petroleum, with a further nine under construction. IOC is developing a 10,000 tonne… Read More »India refineries to invest $23bn in green hydrogen build-out | Hydrogen