State-run Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation (BPCL) have signed a memorandum of understanding (MoU) for purchase and sale of Hydrogen at their refineries.
“This MoU is a one-of-a-kind strategic partnership between two OMCs as a part of synergy for mutual aid during emergencies and towards environmental impact by minimizing valuable hydrogen flaring,” the companies said in a press statement.