Indian Oil signs pact with Greenstat Norway for setting up of Centre of Excellence for Hydrogen

State-owned Indian Oil Corporation Limited (IOCL) has signed a Statement of Intent with Greenstat Hydrogen India Pvt. Ltd., a subsidiary of Greenstat Norway, to set up a Centre of Excellence on Hydrogen.
Under this association, a Center of Excellence on Hydrogen (CoE-H) including CCUS and Fuel Cells, would be developed for clean energy by IndianOil and M/s Greenstat in cooperation with Indo-Norwegian Hydrogen Cluster companies/organizations.
Benefits
- Facilitate transfer and sharing of technology, know-how and experience through the green Hydrogen value chain and other relevant technologies including hydrogen storage and fuel cells.
- CoE-H will be a vehicle for promoting R&D projects in Green and Blue Hydrogen between Norwegian and Indian R&D institutions/universities.