Indian Oil Corporation Limited (IOCL), a State-owned oil and gas major with the largest number of refineries in India, has invited Expression of Interest to set up green hydrogen generation units at its Mathura (Uttar Pradesh) and Panipat (Haryana) refineries in India. The plants, to be on a ‘build-own-operate’ basis, will have installed capacities of 5,000 MT per annum and 2,000 MT per annum, respectively.
Green hydrogen must be produced on a continuous basis (24 hours X 7 days) using renewable energy-powered water electrolysis. This green hydrogen will be mixed with the existing grey hydrogen network (H2 produced using naphtha or natural gas) for the captive purpose in secondary processing units.
The BOO operator shall be responsible for investment in CAPEX and OPEX required for the creation of the facility and operation and maintenance, including supply of all materials and consumables.
The contract period for operating the proposed green hydrogen plants is 16 to 24 years.
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