Oil Companies Venturing into Green Hydrogen

State-run fossil fuel companies IndianOil, GAIL, HPCL and BPCL are venturing into green hydrogen space as part of the government’s push to adopt the environment-friendly fuel to help accelerate the energy transition.

These companies, spurred by the oil ministry, plan to undertake pilot projects for green hydrogen in 2021-22, said Dr SSV Ramakumar, director at IndianOil, who has been guiding the company’s hydrogen fuel development projects and helping the government evolve a strategy on the green fuel.

IndianOil, the nation’s largest fossil fuel retailer, aims to build a hydrogen distribution network in the future and is already testing the technology and economics of the fuel in multiple projects. It is the largest producer of hydrogen in the country, mostly using natural gas and naphtha and utilising it to reduce sulphur content in motor fuels at its refineries.

The new push is about green hydrogen, which is produced using renewable energy. IndianOil and other state oil companies plan to partner with renewable energy firms for their green hydrogen pilots.

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