In a landmark move to advance India’s clean energy ambitions, IndianOil has finalized the levelized cost of H2 (LCOH) for setting up a 10,000 tpy green H2 generation unit at its Panipat refinery and petrochemical complex. This marks IndianOil’s entry into the green H2 space with India’s largest-ever green H2 project to date.
Slated for commissioning by December 2027, the green H2 produced will replace fossil-derived H2 in refinery operations, resulting in substantial reduction in carbon emissions.
The project is fully aligned with Hon’ble Prime Minister’s vision for National Green H2 Mission and stands as a strategic initiative under IndianOil’s decarbonization roadmap. It also marks a major milestone in the company’s journey towards achieving its net-zero target, reinforcing IndianOil’s leadership in India's sustainable energy future.