Huge incentives planned for green hydrogen industry

The India government is planning a $2 billion incentive programme for the green hydrogen industry, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years. It would do

Indian Government vehicles over 15 years will be scrapped

Union minister Nitin Gadkari said all vehicles belonging to the Indian government that have completed 15 years will be scrapped, and a policy to that effect has been sent to states. He was speaking at the inauguration of the annual ‘Agro-Vision’ agriculture exhibition here. Addressing the gathering, Gadkari said two plants of the Indian Oil

Refinery expansion contract awarded to L&T

The hydrocarbon onshore division of Larsen & Toubro’s (L&T) energy business has secured a large contract from Indian Oil Corporation Ltd. Indian Oil Corporation is implementing the Panipat refinery expansion (P-25) project to enhance refining capacity. India’s largest state-run oil marketing company is implementing the Panipat refinery expansion (P-25) project to enhance refining capacity from

Indian oil not to accept Russian crude on free on board basis

Indian Oil Corporation (IOC) will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend cargoes on a free-on-board (FOB) basis due to insurance risk, according to a tender notice and a source familiar with the matter. The letter was sent on Monday to traders who submit cargo offers into IOC’s regular crude

Green Hydrogen is the fuel of the future, aim to export it to the world: Gadkari

Roads and Highways Minister Nitin Gadkari said on Thursday, February 10, that green hydrogen was the fuel of the future and he intends to export it to the whole world. A Toyota car fueled by green hydrogen from the Faridabad lab of Indian Oil will be tested in the city located in Haryana on March