BPCL collaborated with nuclear institute in net zero push
Bharat Petroleum Corp Ltd, India’s third largest refiner has announced that it tied up with the country’s nuclear research institute for an electrolyser technology for green hydrogen as it seeks to achieve net zero emissions by 2040.
India is aiming to reach net zero emissions by 2070 and wants to raise the share of renewables in its energy mix to 50% by 2030 from 38% currently.
BPCL’s Chairman A. K. Singh said the refiner plans to scale up indigenous alkaline electrolyser technology for use in refineries via collaboration with the Bhabha Atomic Research Centre.
India’s draft National Hydrogen Mission mandates that refiners and fertiliser producers should meet half of their hydrogen needs through green hydrogen by 2030. Companies like Reliance Industries, Adani Group, Indian Oil Corp, NTPC and GAIL have announced plans to play a major role in India`s green hydrogen roadmap.
Singh said BPCL aims to offset emissions from its crude refining and energy it uses by 2040.
The company has not yet decided on timeline to reduce emissions linked to the use of refined products such as gasoline but BPCL plans to expand its renewable energy portfolio and ready to use green energy for its energy needs and expansion projects, Singh said.