Categories: Agreements

Indian Oil signs pact with Greenstat Norway for hydrogen fuel

Indian Oil Corporation Limited (IOCL) has signed a Statement of Intent with Greenstat Hydrogen India Pvt. Ltd., a subsidiary of Greenstat Norway, to set up a Centre of Excellence on Hydrogen. Under this association, a Center of Excellence on Hydrogen (CoE-H) including CCUS and Fuel Cells, would be developed for clean energy by IndianOil and M/s Greenstat in cooperation with Indo-Norwegian Hydrogen Cluster companies/organizations.

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Benefits:

Facilitate transfer and sharing of technology, know-how and experience through the green Hydrogen value chain and other relevant technologies including hydrogen storage and fuel cells.
CoE-H will be a vehicle for promoting R&D projects in Green and Blue Hydrogen between Norwegian and Indian R&D institutions/universities.

Important takeaways for all competitive exams:

Indian Oil Corporation Limited Headquarters: New Delhi, India.
Indian Oil Corporation Limited Chairman: Shrikant Madhav Vaidya.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.