Green Hydrogen Pilot Project Draws Bids from RIL,Tata Motors, and IOCL

Reliance Industries (RIL), Tata Motors, and Indian Oil Corporation (IOC) are poised to be major participants in the government’s trial project for the integration of green hydrogen (H2) in the transport industry. This project is part of the government’s strategy to advance decarbonization of the economy and decrease reliance on fossil fuel imports.

The Indian government is striving to position India as a frontrunner in technology and the market for green hydrogen. As highlighted in a report by The Economic Times, the pilot project will play a crucial role in identifying any operational challenges and deficiencies related to technology readiness, regulations, implementation, infrastructure, and supply chains.

As per the report, the bidding phase for the Rs 496-crore segment of the National Green Hydrogen Mission, which was introduced in January 2023, began in February and is scheduled to end on Thursday.

As stated in the report, bidders must form a consortium or partner with others to cover the entire value chain, including hydrogen production, distribution, and vehicle operation. The consortium should comprise a vehicle manufacturer, a hydrogen fuel supplier distributor, and additional partners.

According to sources cited by the publication, Reliance has formed partnerships with Ashok Leyland and Daimler India Commercial Vehicles, whereas Tata Motors has joined forces with IOCL in a consortium. Additionally, Ashok Leyland is said to be collaborating with NTPC.

The H2 corridor project’s primary objective is to facilitate the adoption of hydrogen-powered vehicles, including buses, trucks, and cars, through a phased approach. The selected candidate will receive financial assistance to bridge the cost gap associated with the initial stages of hydrogen vehicle implementation. The project aims to address the higher expenses of hydrogen-powered vehicles in their early years, ensuring a smoother transition towards sustainable transportation solutions.

The H2 corridor will contribute to the overall goal of securing Europe’s energy supply and decarbonizing various industries and sectors. The insights acquired from the pilot project will eventually aid intercity bus operators, truck operators, and private car users in adopting hydrogen-powered vehicles and refueling technologies.

Reference By:- https://timesofindia.indiatimes.com/