The company recently announced its plans to become a net carbon-zero firm by 2035. The conglomerate said it will invest INR 750 Bn over the next three years in renewable energy.
GAIL plans to build India's largest green hydrogen plant. The company is testing the mix percentage before it scales it up. The hydrogen that GAIL plans to produce can be sold to fertilizer units.
NTPC has promoted the use of green hydrogen-based solutions in industries such as transportation, energy, chemical, fertilizer, steel, and others
Indian Oil has set a target of converting at least 10% of its hydrogen consumption at refineries to green hydrogen soon.
The company plans to spend between INR 10-50 Bn on its green initiatives, spread over several years.