Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Chennai Petroleum Corporation Ltd (CPCL) is positioning itself to become a Hydrogen Production Hub, catering not only to its internal needs but also supplying Green Hydrogen for various energy applications, including petrochemical production and mobility. In collaboration with IIT-Madras, the Tamil Nadu government, and other industry partners, CPCL is actively engaging in the Hydrogen Valley Innovation Cluster, as revealed by Arvind Kumar, Managing Director of CPCL, during the "Emerging Technologies for the Chemical Sector" conference.
As part of this initiative, IIT-Madras, in collaboration with industry partners, is developing a pilot electrolyser that will be installed at CPCL's site to produce green hydrogen. This strategic move aligns with the growing global interest in hydrogen as a clean energy source.
Arvind Kumar highlighted the importance of carbon capture technologies as a means to expand feedstock availability. The green hydrogen produced by electrolysers, combined with CO2, can serve as raw material for various applications, including the production of building blocks. CPCL, being one of the largest refiners in the country, is exploring ways to capture and market the CO2 generated during hydrogen production.
CPCL currently operates three steam methane reformers with a combined capacity of generating 98 KTPA of hydrogen. The company is exploring options to capture and market the 9 to 12 tonnes of CO2 generated for each tonne of hydrogen produced.
Providing an update on the 9 MMTPA refinery project at Cauvery Basin Refinery in Nagapattinam, Arvind Kumar mentioned that CPCL has obtained the required additional land from the district administration. The project, implemented through a joint venture with IndianOil, is progressing, with fencing and ground levelling underway. The Chemical Industry conference also discussed the future of India's chemical industry, focusing on the growth of the sector and the need for large investments to support downstream users at competitive costs, promote sustainability, and enhance skill levels in the industry.
Also Read : Zoomcar & SPARKCARS forge partnership to expand EV self-drive offerings Power Mech projects secure ₹645 cr orders for rail and power projects
The Union Cabinet chaired by Prime Minister Narendra Modi has approved six railway projects worth ₹1...
Construction 09-Feb-2024
✅ Hyundai Steel halts rebar production at Incheon plant due to financial losses.✅ Weak demand, ris...
Business 31-Mar-2025
TVS Mobility and Mitsubishi Corporation are set to collaborate, with Mitsubishi acquiring approximat...
Large Corporate 19-Feb-2024
In a recent address at the inauguration of the REVA University Centre of Excellence for Geopolitics...
Press Releases 29-Feb-2024
China, the world's largest importer of iron ore, is likely to import between 1.170 and 1.180 billion...
Ferrous 08-May-2024
Tokyo Steel keeps June product prices unchanged. Decision supports market stabilization after recen...
Business 19-May-2025