OMCs to prepare joint roadmap on green hydrogen

The Ministry of Petroleum and Natural Gas Ministry has asked OMCs to submit a detailed plan to increasingly adopt green hydrogen and provide a leg-up to their energy transition plans. Public-sector undertakings (PSUs) under the ministry target to produce more than 1 million tonnes (mt) of green hydrogen by 2030. Refineries in the country already

IOC to monetise hydrogen units

Country’s largest public-sector refiner Indian Oil Corporation (IOC) plans to hive off hydrogen producing units and sulphur recovery facilities at its refineries to a separate entity and then sell stakes in it to the private sector to raise close to Rs 10,000 crore. The plan is in line with the government’s asset monetisation programme where

NTPC and GACL agree to produce green fuels

NTPC REL has signed an agreement with Gujarat Alkalies and Chemicals (GACL) to mutually explore the opportunities for establishing commercial-scale green ammonia and green methanol project. NTPC REL is a subsidiary of state-run power Genco NTPC, while GACL, a Gujarat government PSU, is engaged in the production of industrial chemical products. This would be the