The project is expected to start commercial operations in 2028 and combine renewable energy with advanced storage solutions to achieve reliable round-the-clock operation to support refinery decarbonization.
NeuEN Green Energy Pvt. Ltd. (NeuEN Green Energy Pvt. Ltd.) is a 50% joint venture between Bharat Petroleum Company (BPCL) and Shengke Green Hydrogen Energy India Limited (Sembcorp Green Hydrogen India Pvt Ltd.). It has signed a contract with Numaligarh Refining Company Limited (NRL) to supply 10000 tons of green hydrogen (10KTPA) per year.
According to the company's statement, under the terms of the contract, NeuEN will develop a green hydrogen production facility at the NRL refinery in Assam, supported by a long-term off-take agreement.
Commenting on this development, Sanjay Khanna, Chairman and CEO of Bharat Petroleum (BPCL), said: "This project marks a major milestone for BPCL in building a future-oriented and resilient energy portfolio. With NeuEN, we have strengthened our position in the green hydrogen value chain and are moving towards our goal of becoming a clean energy solutions provider."
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The acquisition of this project through a competitive bidding process reflects both the growing maturity of the green hydrogen industry and the focus on developing scalable solutions that meet market needs. "Going forward, we remain focused on building strong execution capabilities and making a substantial contribution to industrial decarbonization and India's long-term energy security," he said.
Vipul Tuli, President of Sembco Renewable Energy West and CEO of Hydrogen, said: "This winning bid marks an important step forward in India's green hydrogen ambitions and is highly aligned with Sembco's strategy to achieve a low-carbon energy future. The signature tariff agreed attests to the importance of well-structured long-term off-take contracts. We are delighted to support the NRL in achieving its decarbonisation targets and delivering a project of national importance together with the BPCL."
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"Combining BPCL's strong domestic market presence and infrastructure capabilities, with Sengko's global experience in renewable energy, we are driving the integration of low-carbon solutions into refining operations and supporting long-term industrial decarbonization," said Shelly Abraham, chairman of NeuEN."
Sengko brings complementary strengths to the partnership and continues to advance green hydrogen and its derivatives as a key decarbonization pathway. With a 76 GW renewable energy portfolio in India, Sengko is well positioned to support large-scale, cost-competitive green hydrogen production to help meet national and industrial decarbonization targets.
(This story was not edited by NDTV staff and was automatically generated from a syndicated feed.)
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