IndianOil plans to expand more into hydrogen technologies and develop India's first green hydrogen plant. This will be in addition to expanding existing crude oil refining capacity by 25 million tonnes per annum and more biofuel production plants.
Addressing shareholders at the company’s 62nd Annual General Meeting, IndianOil Chairman, Shrikant Madhav Vaidya said, "IndianOil will build the nation's first 'Green Hydrogen' plant at Mathura Refinery. While your Company has been working on various hydrogen production pathways, the current project at Mathura Refinery will be pioneering the introduction of green Hydrogen in India."
"IndianOil is intently pursuing ambitious plans for hydrogen production across