The government of India has asked the three major public sector oil marketing companies, Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation to submit a detailed plan, by the month end, as to how they intend to procure, produce and consume green hydrogen, reports Economic Times.
The government is putting together a large plan to adopt green hydrogen as part of the energy transition and expects oil and fertiliser companies to lead it, the report says.
To read the full report, click here.
Background: The government of India intends to bring in '10 per cent mandatory consumption of green hydrogen' (i.e., ten per cent of consumption of hydrogen should come from green sources), somewhat similar to the 'renewable purchase obligation', (RPO) that is in vogue for renewable energy.
The government was to start with the petroleum refining and fertiliser sector, followed by steel, and then gradually extend the rule to other industries.
India produces and consumes 6 million tons of hydrogen a year, almost all of them from the oil refineries. Another 1.6 m t of hydrogen is embedded in the methanol that fertiliser companies import today. If India should replace all of this hydrogen with green hydrogen, it would require 130-140 GW of electrolyser capacity, according to the energy think-tank, Council for Energy, Environment and Water (CEEW).
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