Categories: Miscellaneous

IOC to set up first ‘green hydrogen’ plant at UP

Indian Oil Corporation (IOC), India’s largest oil firm, will build the first ‘green hydrogen’ plant of the country at its Mathura refinery, to meet the growing demand for both oil and cleaner forms of energy. This will be the nation’s first green hydrogen unit. Previously, projects have been announced to produce ‘grey hydrogen’ using fossil fuels such as natural gas.

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For this, the company will make use of 250 MW of electricity which it produces from renewable sources like solar power, to produce absolutely green hydrogen through electrolysis. Mathura has been selected by virtue of its proximity to TTZ (Taj Trapezium Zone). Hydrogen is the latest buzz for meeting the world’s energy needs. Hydrogen, in itself, is a clean fuel but manufacturing it is energy-intensive and has carbon byproducts.

Important takeaways for all competitive exams:

  • Indian Oil Corporation Chairperson: Shrikant Madhav Vaidya;
  • Indian Oil Corporation Headquarters: Mumbai;
  • Indian Oil Corporation Founded: 30 June 1959.

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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.

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