IOCL Invites Bids for Setting Up Green Hydrogen Plant at Panipat and Mathura

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The Indian Oil Corporation (IOCL) floated a global tender to set up green hydrogen generation units at two of its big refineries in North India.

IOCL, a State-owned oil and gas major with the largest number of refineries in India, has invited Expression of Interest to set up green hydrogen generation units at its Mathura, Uttar Pradesh and Panipat, Haryana refineries in India.

The plants, to be on a ‘build-own-operate’ (BOO) basis, will have installed capacities of 5,000 MT per annum and 2,000 MT per annum, respectively.

The BOO operator shall be responsible for investment in CAPEX and OPEX required for the creation of the facility and operation and maintenance, including supply of all materials and consumables.

The contract period for operating the proposed green hydrogen plants is 16 to 24 years.

The last date to submitt the bid is 8 December 8 2021.

By-products, like as oxygen, can be sold on merchant sale basis by the operator, but IOC would reserve the rights of first usage of oxygen.

The production of green hydrogen will be on continuous basis (24×7) with renewable energy power using water electrolysis method. The resulting green hydrogen will be mixed with existing grey hydrogen network for the captive purpose in secondary processing units

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