IOC's green H2 tender expects better response
Indian Oil Corporation (IOC) is expecting to receive more than half a dozen bids to build a green hydrogen plant at its Panipat refinery in Haryana, according to sources aware of the development.
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IOC is seeking bids for a facility with a capacity of 10,000 tonnes per year of green hydrogen at the Panipat refinery on a build, own operate (BOO) basis. The refiner had to cancel two previous tenders as there was little interest from the industry.
The latest tender that was floated on September 11, 2024 had sought bids by November 11, but the deadline was pushed twice to January 6 on the request of the participating companies.
Linde, GH4India, AM Green, Jakson Green, ACME, NTPC Green and US-based Matheson Tri-Gas are expected to have put in bids, said the sources.
These companies and IOC did not respond to ET's queries.
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