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- BPCL inks pact with Fortune Global 500 firm for green hydrogen
BPCL inks pact with Fortune Global 500 firm for green hydrogen
Also read: India and Italy to jointly work for expansion of green hydrogen
Oil and gas major Bharat Petroleum Corporation Limited (BPCL) and a Fortune Global 500 firm has collaborated with Bharat Atomic Research Center (BARC) to increase Alkaline Electrolyser technology for green hydrogen production. Currently, the electrolyzer plants are imported. It is the initiative of India to support the renewable energy targets and reduce greenhouse gas (GHG) emissions. Refineries use hydrogen for desulfurization to make petrol, diesel and other chemicals. Hydrogen is produced in the refinery through steam reforming of natural gas but results in the production of high carbon dioxide emissions. Refineries are setting up large-scale electrolyzers to produce green hydrogen from water, producing decarbonized hydrogen. Chairman and Managing Director of BPCL, Arun Kumar Singh, said that the company is committed to environmental protection. It has been extensively leveraging technology in its activities. In collaboration with BARD, the company plans to scale up indigenous alkaline electrolyzer technology and commercialize its large-scale refineries. It will be a step towards the mission of Atmanirbhar Bharat in achieving net-zero emissions by 2040. BPCL intends to expand its renewable energy portfolio with solar, wind and biofuels, a step towards its commitment to sustainability and reduction of its carbon footprint. It also plans to meet the power requirement from renewable energy sources for its new projects in its refineries. Image Source Also read: India and Italy to jointly work for expansion of green hydrogen