Page 47 - Policy Economic Report - October 2024

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

India Demonstrates Green Hydrogen Mobility Advancements to Bhutan's Leadership

In a significant step towards promoting sustainable transportation solutions, Shri Hardeep Singh Puri,
Minister of Petroleum & Natural Gas, showcased India's advancements in green hydrogen mobility by
demonstrating a hydrogen-fuelled bus powered by IndianOil to Prime Minister of Bhutan, Shri Tshering
Tobgay and his delegation.

The event was attended by Shri V Satish Kumar, Chairman & Director (Marketing), along with other senior
dignitaries from the Ministry of Petroleum & Natural Gas.

During the demonstration, Shri Puri remarked, “India’s strides in green hydrogen are a testament to our
commitment to sustainable energy solutions. We are eager to extend our expertise and collaborate with
regional partners like Bhutan to pave the way for a cleaner, greener future. With projects about hydrogen
blending in natural gas pipelines, localization of electrolyzer-based technologies, and promotion of bio-
pathways for green hydrogen production being pursued aggressively, India will be a global champion in
the production & exports of H2 & is set to emerge as the Hub for green hydrogen which is deemed as the
fuel for future with immense potential in helping India meet it’s decarbonization targets.”

The visit highlighted the shared vision between India and Bhutan for advancing green energy initiatives.
Bhutan's delegation expressed keen interest in adopting green hydrogen mobility, which aligns with the
country’s commitment to environmental sustainability and clean energy solutions.

IndianOil has been a pioneer in hydrogen research since 2004, initially focusing on hydrogen-CNG blends.
Over the past five years, IndianOil has ramped up its green hydrogen initiatives, with projects spanning
storage, transportation, and various applications. Notably, India's first hydrogen dispensing station is
operational at IndianOil's R&D Centre in Faridabad, and a collaboration with Tata Motors has led to the
development and operation of green hydrogen fuel cell buses.

Currently, eight fuel cell buses—including one each for the Indian Army and Indian Navy—are operational
in the Delhi NCR region, with an additional four buses deployed in Vadodara, refueled at IndianOil’s
hydrogen dispensing station. IndianOil's leadership in advancing green hydrogen solutions reinforces its
pioneering role in the evolving sphere of eco-friendly transportation.

India to Develop Roadmap Post-20% Ethanol Blending Target, Says Minister Hardeep Singh Puri at G-
STIC Conference

Addressing the 7th G-STIC Delhi Conference on “Accelerating Technologies Solutions for the SDGs,” Shri
Hardeep Singh Puri, Minister of Petroleum and Natural Gas, articulated India’s evolving journey towards
sustainable energy solutions. Highlighting the potential for these technological advancements to be
replicated across the Global South, Shri Puri provided insights into the complexities of energy transitions
within democratic frameworks, emphasizing that there is no clear answer to whether these transitions
are inherently easier or more difficult in democracies.

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