Indian Oil Corporation to produce green hydrogenIOC - 116 Change: -1.90 (-1.61 %)
News: As per Mint, IOC will partner with renewable energy producer ReNew Power and L&T to produce green hydrogen. The partnership will focus on green hydrogen projects at IOC’s Mathura and Panipat refineries in northern India.
View: India aims to produce 5 MT of green hydrogen by 2030, when its demand for hydrogen is estimated at 12 MT. IOC is already working toward producing 70,000 tons a year of green hydrogen by 2030, which will account for 10% of its overall consumption by that time.