Indian Oil To Establish India’s Largest Green Hydrogen Plant at Panipat

In a groundbreaking development within the clean energy sector, Indian Oil Corporation Limited (IndianOil) has unveiled plans to establish the nation's largest green hydrogen production unit. This move demonstrates IndianOil’s commitment to sustainability and supports the Government of India’s National Green Hydrogen Mission. Set to transform the energy landscape, the initiative places IndianOil at the forefront of India’s transition to a greener and more self-reliant energy future.

IndianOil’s Strategic Investment in Green Hydrogen at Panipat

IndianOil has finalised the Levelised Cost of Hydrogen (LCoH) for a green hydrogen generation unit with a capacity of 10,000 tonnes per annum at its Panipat Refinery and Petrochemical Complex. This initiative marks IndianOil’s formal entry into the green hydrogen sector and represents the largest such project in India to date.

The green hydrogen produced at this facility is slated to replace hydrogen currently derived from fossil fuels, thereby significantly cutting carbon emissions associated with refinery operations. The project is expected to be operational by December 2027, becoming a cornerstone in IndianOil’s decarbonisation efforts.

Aligning with National Vision and Net Zero Goals

This ambitious project closely aligns with the Hon’ble Prime Minister’s National Green Hydrogen Mission, designed to position India as a global hub for green hydrogen production. IndianOil’s move not only complements this vision but also reaffirms its own strategic roadmap towards achieving Net Zero emissions.

By leveraging innovation and sustainable practices, IndianOil aims to transition from traditional fuels to greener alternatives, strengthening its leadership role in India’s energy transformation. This project is a major milestone in IndianOil’s journey, reinforcing its resolve to contribute actively to India’s sustainable and low-carbon future.

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IndianOil Share Performance 

As of June 02, 2025, at 9:50 AM, IndianOil share price is trading at ₹142.33 per share, reflecting a surge of 0.25% from the previous closing price. Over the past month, the stock has declined by 0.66%.

Conclusion

IndianOil’s decision to invest in the largest green hydrogen facility in India signals a decisive step towards environmental sustainability and industrial innovation. With the Panipat project, the company demonstrates its alignment with national goals while positioning itself as a pioneer in the country's clean energy journey.

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