IndianOil (Indian Oil Corporation Limited) will build India’s first ‘Green Hydrogen’ plant at its Mathura refinery. Green hydrogen is derived from water electrolysis using renewable energy such as solar or wind. Biomass-based hydrogen production technologies also qualify under the green category. Brown and grey hydrogen are produced through coal gasification and natural gas reforming, respectively. These production pathways generate a significant amount of carbon dioxide. Integration with appropriate carbon capture and utilization technologies results in Blue hydrogen.
While IndianOil has been working on various hydrogen production pathways, the project at Mathura Refinery will be pioneering the introduction of green hydrogen in the Indian oil & gas sector.
IndianOil has drawn a strategic growth path to focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen, and electric mobility over the next ten years. IndianOil has a wind power project in Rajasthan. We intend to wheel that power to our Mathura refinery to produce absolutely green hydrogen through electrolysis.—Shrikant Madhav Vaidya, Chairman IndianOil
Vaidya said that the green hydrogen will replace carbon-emitting fuels used in the refinery to process crude oil into value-added products such as gasoline and diesel.
Petroleum refining and marketing with much higher petrochemicals integration will continue to be IndianOil’s key focus area. We are going to add 25 million tonnes of refining capacity by the year 2023-24. Forecasts by various agencies sees Indian fuel demand climbing to 400-450 million tonnes by 2040 as against 250 million tonnes now. This demand surge offers enough legroom for all forms of energy to co-exist. And, while exploring the multiple energy avenues, environmental conscience will be a critical priority for IndianOil. We are pushing ahead with research on carbon capture, utilisation and storage technologies.—Shrikant Madhav Vaidya
Vaidya added that there is fresh momentum for scaling up hydrogen use across sectors globally.