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India’s Green Hydrogen Bet Gets a $5.6B Boost

Summary by Oil Price
India is advancing efforts to boost renewable energy use even as the world’s third-largest crude oil importer is leading global oil demand growth. Indian Oil Corporation, the country’s top refiner, plans to replace fossil fuel-made hydrogen with green hydrogen – made from electrolysis – at one of its refineries. Indian Oil has recently finalized the cost for its green hydrogen plant in the Panipat Refinery & Petrochemical Complex, which will be …

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Oil Price broke the news in London, United Kingdom on Wednesday, June 4, 2025.
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