State-run IOCL will relaunch a tender for setting up a green hydrogen production unit, sources said. It also plans to set up units at all of its refineries as part of a Rs 2.4 trillion green transition plan to achieve net zero carbon emission status by 2046.
The company has cancelled its initial tender for the same after it led to bidders approaching the Delhi High Court. Meanwhile, an existing tender by BPCL to set up a green hydrogen production plant in Kochi may become the point of price discovery for green hydrogen in the country.
