The Indian Oil Corporation (IOCL) is planning to expand more into hydrogen technologies and develop India's first green hydrogen plant.
This will be in addition to expanding the existing crude oil refining capacity by 25 million tpa and more biofuel production plants.
IOCL will build the nation's first green hydrogen plant at Mathura refinery in Uttar Pradesh. It is also in the process of setting up one tpd capacity pilot plants based on four innovative hydrogen production technologies.
The company will also be operating 15 fuel cell buses in the Delhi-National Capital Region along with Tata Motors.
The company will also be seeding hydrogen mobility by commoditising the surplus quantities of hydrogen available at the Gujarat refinery with a dispensing facility for hydrogen-powered buses.
The company has plans to expand biofuel manufacturing. Strengthening the environmental stewardship, it is also setting up a second (2G) and a third generation (3G) ethanol plant at Panipat refinery. The 2G plant of 100 klpd capacity will use rice straw to produce ethanol.