Indian Oil in talks with state-owned carriers for hydrogen projects

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In line with the government’s hydrogen roadmap, India’s leading public sector oil company (IOC) is in talks with the transport utilities of Kerala, Uttar Pradesh and Gujarat to set up units hydrogen manufacturing and refueling stations. The company has also set itself the goal of converting at least 10% of its hydrogen consumption in refineries to green hydrogen soon.

The UP unit will be close to the Mathura refinery, while the Gujarat unit will be close to the Baroda refinery. The plan is to operate 10 to 20 buses in the two states at the initial stage, said SSV Ramakumar, director of research and development at IOC, the country’s largest state-owned refiner, speaking to media on Wednesday in Chennai. He added that in Kerala, the plan is to create an autonomous green hydrogen manufacturing unit from the solar power installation at Cochin International Airport.

Kochi is the world’s first fully solar-powered airport with a total peak capacity of 40 megawatts, helping it generate around 160,000 units of electricity per day, against a daily consumption of nearly 130,000 units. “The idea is to run hydrogen buses from Cochin airport to Thiruvananthapuram,” he said.

He added that IOC has also set a goal of converting 10% of its hydrogen consumption in refineries to green sources soon. Initially, 10% of the use of the Mathura refinery will be converted to green sources by 2024. The company announced at its annual general meeting in August that it could soon build the first “green hydrogen”. ” from the country. plant at the Mathura refinery. The unit is expected to have a capacity of approximately 160,000 barrels per day.

It comes at a time when the country is considering a proposal to force fertilizer factories, oil refineries and steel mills to use green hydrogen as part of its plan to reduce dependence on fossil fuels. The government reportedly intends to make compulsory for these selected areas the use of green hydrogen to meet 0.15% of their total hydrogen needs by 2024. Green hydrogen is hydrogen produced by aid of renewable energy by electrolysis. This method uses an electric current to separate hydrogen from oxygen in water.

India had launched the National Hydrogen Mission on the country’s 75th Independence Day, August 15, 2021. The mission is expected to help the country meet climate goals and also convert India into a hub of green hydrogen. Right now, all of the country’s hydrogen production comes from fossil fuels. “We expect hydrogen production to increase from 6 million metric tons (MMT) now to around 12 MMT by 2030,” Ramakumar added.

Many industry majors, including Reliance Industries, led by Mukesh Ambani, Adani Group and NTPC, a major in the electricity sector, have already announced their intention to launch hydrogen projects. Ambani had said India would likely be the leader in hydrogen technology by becoming the first country to produce it below $ 1 per kilogram.

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