Indian Oil Corporation (IOCL), India’s largest oil-marketing company, is taking bold steps toward sustainability with plans to establish a nationwide network of green hydrogen fuel dispensing stations. This initiative forms a key part of its USD 30 billion strategy to achieve net-zero emissions by 2046.
From Refineries to Roads: A Phased Rollout
According to Chairman Arvinder Singh Sahney, IOCL will first replace grey hydrogen with green hydrogen at its refineries. Once established, the company will gradually expand its green hydrogen usage to serve the mobility sector. This phased approach reflects IOCL’s commitment to building a robust green hydrogen ecosystem.
A Milestone Project in Panipat
IOCL will commission a major green hydrogen plant at its Panipat refinery by December 2026. With a production capacity of 10,000 tonnes per annum, it will be the largest in the country. IOCL will price the hydrogen produced here at USD 4.66 per kg—lower than the government’s target of USD 5 per kg.
As per Projects Today, the initiative aligns closely with India’s broader push under the National Green Hydrogen Mission, aimed at reducing carbon emissions and promoting cleaner fuel alternatives.
Building the Infrastructure for a Cleaner Future
Currently, India has only three to four hydrogen dispensing stations, with IOCL operating two of them. Chairman Sahney emphasized the urgent need to develop infrastructure that supports hydrogen-fueled transportation. The company’s retailing efforts from the Panipat plant will play a pivotal role in expanding green hydrogen accessibility.
Exploring Export Potential
In addition to domestic goals, IOCL remains open to exploring export opportunities for green hydrogen. This strategic outlook positions the company as a key player in both national and international efforts to transition to clean energy.
