News Brief
Bharat Petroleum
State-run Bharat Petroleum Corporation Limited (BPCL) is planning to build India's largest green hydrogen plant as part of its plants to achieve net-zero emissions for its operations by 2040, reports Economic Times.
The company will soon float a tender for a 20 megawatt (MW) electrolyser to build the country's largest green hydrogen plant.
BPCL will set up the plant at its refinery in Bina, Madhya Pradesh to produce green hydrogen. This will be double the size of GAIL’s recent tender for 10 MW electrolyser, the largest so far.
At present, BPCL utilises 650 MW of energy, including 550 MW of grid power and internal gas turbine generation power. The company's power utilisation is expected to increase to 1,000 MW by 2027, after factoring in green hydrogen obligation, according to BPCL chairman Arun Kumar Singh.
The company aims to meet the entire 1,000 MW requirement using renewable sources, Singh told ET in an interview.
“The 20 MW electrolyser is a pilot for us. We will not wait until long to float another tender for capacity expansion. As costs come down, we will seek more electrolysers, probably much bigger than this," Singh was quoted in the report as saying.
“While our refineries in Mumbai or Kochi may have space constraints, Bina has ample space to accommodate enough green hydrogen making capacity to meet the mandate for the entire company,” Singh said.
He added that BPCL's investment in green hydrogen will depend on the evolution of technology, cost and government policy.
Singh also said that the company is working out the details and aims to firm up its net-zero roadmap by next March.
“It will cover all our operations, including refineries, pipelines, depots, and bottling plants, but will not include customers’ or suppliers’ emissions,” he said.
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