#Energy #Companies #Interests #Carbon #Free #Hydrogen #Fuel
IOC is building 250 million tonne oil refining plant
New Delhi. As the country moves towards a carbon-free fuel, Indian companies ranging from businessmen Mukesh Ambani and Gautam Adani to state-owned petroleum arm Indian Oil and power producer NTPC have announced ambitious plans to switch to hydrogen as a fuel. .
Hydrogen is at the center of discussion for meeting the world’s energy needs. Being the cleanest form of energy, it can be produced from various resources like natural gas, biomass and renewable sources like solar and wind energy. It can be used in cars, homes, portable electricity and many more. In addition to the transportation sector, it can be used in chemicals, iron and steel, heating and electricity.
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NTPC station in Leh
The country’s largest power generating company NTPC has also announced to set up the country’s first green hydrogen station at Leh in Ladakh. The company will undertake a pilot project of blending hydrogen for use in the city gas distribution network.
Reliance to become zero carbon
Reliance chairman Ambani recently announced hydrogen-linked plans as part of his goal to become a net carbon zero company by 20135. He told shareholders that while Reliance will continue to be a user of crude oil and natural gas, we are fully committed to adopting new technologies to convert our carbon into useful products and chemicals.
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Adani’s partnership with Italy
In March, the Adani Group also announced a partnership with Italy’s Mayor Technimont for hydrogen projects. IndianOil, which controls nearly a third of India’s refining capacity of 250 million tonnes, is planning to build a green hydrogen plant at its Mathura refinery in Uttar Pradesh.