NeuEN Green Energy, a joint venture between BPCL and Sembcorp has secured a contract to supply 10,000 tonnes per annum of green hydrogen to Numaligarh Refinery.
Under the agreement, the JV will develop a green hydrogen production facility at the refinery in Assam, backed by a long-term offtake arrangement, that will supply green hydrogen at ₹279 per kg, reports PTI.
The project is expected to commence commercial operations in 2028.
Commenting on the development, Sanjay Khanna, Chairman and Managing Director, BPCL, said, “This project marks a significant milestone in BPCL’s journey towards building a future-ready and resilient energy portfolio.”
The project will integrate renewable energy with storage solutions to enable round-the-clock operations, supporting the refinery’s decarbonisation efforts.
The project will be executed on a build, own and operate basis, with the selected developer supplying gaseous green hydrogen to the refinery for 25 years. The scope includes design, engineering, construction, commissioning, and long-term operations and maintenance.
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Vipul Tuli, President & CEO, Renewables, West, and CEO, Hydrogen Business, Sembcorp, said, “This award marks a significant step forward in advancing India’s green hydrogen ambitions and aligns closely with Sembcorp’s strategy to enable a lower carbon energy future. The landmark tariff achieved demonstrates the importance of well-structured long term offtake contracts.”
He added, “We are pleased to support Numaligarh Refinery Ltd. in its decarbonisation goals and, together with BPCL, deliver a project of national importance.”
Shelly Abraham, Chairman, NeuEN, said, “strong domestic market presence and infrastructure capabilities with Sembcorp’s global experience in renewable energy, we are enabling the integration of low-carbon solutions into refining operations and supporting long-term industrial decarbonisation.”
Bharat Petroleum Corporation Ltd shares closed at ₹282.35, up ₹11.05 or 4.07%, at NSE, on March 24.
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