Indian refiner HPCL aims for net zero emissions by 2040

Indian refiner HPCL aims for net zero emissions by 2040

Mumbai, 31 January (Argus) — Indian state-controlled refiner HPCL wants to achieve net zero carbon emissions by 2040, and plans to have a green hydrogen production capacity of 24,000 t/yr in the coming years.

The company is in the process of developing a roadmap to achieve net zero scope 1 and 2 carbon emissions by 2040, details of which will be released this year, chairman MK Surana said. He said HPCL has ordered an electrolyser-based green hydrogen plant of 370 t/yr capacity for its 166,000 b/d Visakhapatnam (Vizag) refinery, which it expects to commission by end of this year.

HPCL's ambition to set a net zero target follows fellow state-run refiner BPCL and private-sector RIL, which target 2040 and 2035 respectively.