Indian Oil Corp Receives Bids for Green Hydrogen Plant

18 Jul 2024 CW Team

Indian Oil Corporation (IOC) has received two bids for establishing a green hydrogen plant, marking a significant step in India's renewable energy landscape amidst heightened scrutiny and industry anticipation. The bids reflect growing interest and investment in green hydrogen technologies aimed at advancing sustainable energy solutions.

Green hydrogen, produced using renewable energy sources through electrolysis, is gaining traction globally as a clean alternative to traditional hydrogen production methods. IOC's initiative underscores its commitment to exploring innovative technologies to reduce carbon emissions and foster energy transition.

The bids received by IOC indicate strong industry support and confidence in India's potential as a hub for green hydrogen production. The establishment of a green hydrogen plant aligns with India's ambitious renewable energy goals and commitment to achieving net-zero carbon emissions.

However, the initiative faces scrutiny and concerns within the industry regarding technological feasibility, cost-effectiveness, and scalability of green hydrogen production. Stakeholders emphasise the need for supportive policies, infrastructure development, and research investments to realise the full potential of green hydrogen in India.

IOC's evaluation of bids for the green hydrogen plant represents a crucial development in India's renewable energy sector, with implications for future energy policies, investment decisions, and technological advancements. The outcome of this initiative will likely shape the trajectory of green hydrogen adoption and contribute to India's sustainable development goals in the coming years.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..