IOC to Build India’s First Green Hydrogen Plant || Hybiz tv

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India’s largest oil firm IOC will build the nation’s first ‘green hydrogen’ plant at its Mathura refinery, as it aims to prepare for a future catering to the growing demand for both oil and cleaner forms of energy.Indian Oil Corporation (IOC) has drawn a strategic growth path that aims to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the next 10 years, its chairman Shrikant Madhav Vaidya said.The company will not set captive power plants at all its future refinery and petrochemical expansion projects and instead use the 250 MW of electricity it produces from renewable sources like solar power, he told in an interview.”We have a wind power project in Rajasthan. We intend to wheel that power to our Mathura refinery and use that electricity to produce absolutely green hydrogen through electrolysis,” he said
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