 "hydrogen")
Indian Oil, L&T and ReNew Power will form a joint venture (JV) to develop green hydrogen business in the country, said a press statement by the companies on Monday.
The three companies will hold equal stakes in the proposed JV which will develop green hydrogen assets in the country. Indian Oil and L&T will also form a JV to manufacture electrolysers, said the statement.
The companies are "coming together" after the central government’s announcement of a green hydrogen policy. “To start with, this partnership will focus on green hydrogen projects at Indian Oil’s Mathura and Panipat refineries. Alongside, other green
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