BPCL inks pact with Fortune Global 500 firm for green hydrogen

22 Dec 2021 CW Team

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

Real Estate

14 Oct 2025

CRISIL Leases Rs 6 billion Office Space in Mumbai’s Powai

CRISIL, a leading global analytics and rating agency, has signed a long-term lease worth nearly Rs 6 billion for about 250,000 sq ft of office space in Mumbai’s Powai. The lease, among the largest in the city’s commercial property segment, spans approximately 15 years.The company will occupy a new building at Hiranandani Business Park in Powai, one of Mumbai’s most premium business districts known for its modern infrastructure and connectivity. The lease, structured on a long-term model, underscores the growing demand for high-quality, large-scale office spaces from financial and knowled..

Kolte-Patil Acquires 7.5-Acre Pune Land with Rs 14 bn GDV

Kolte-Patil Developers has acquired a 7.5-acre land parcel in Pune’s western micro-market, with a projected gross development value (GDV) of around Rs 14 billion. The project will be developed as a premium residential community catering to mid and upper-income homebuyers. Located along the Baner-Balewadi corridor, the land is strategically positioned near Pune’s IT and commercial hubs. The acquisition is expected to strengthen the company’s presence in the city’s high-demand residential zones.According to the developer, the project will feature contemporary amenities and sustainab..

Norwegian Fund Invests $20 Million in IPO-Bound SAEL

SAEL, backed by global investors including TPG Rise and Norfund, operates over 20 renewable projects across India, with a total capacity exceeding 600 MW. The company has been expanding aggressively in the waste-to-energy and solar segments as part of India’s broader clean energy transition.The funds raised through this investment will help SAEL accelerate project implementation, enhance operational efficiency, and reduce carbon emissions. The partnership also reinforces Norway’s growing interest in India’s renewable energy market, which continues to attract significant foreign capi..