BPCL and Sembcorp JV NeuEN secures 10KTPA green hydrogen contract from Numaligarh Refinery
Bharat Petroleum Corporation · Petroleum Products
Key highlights
- NeuEN Green Energy Pvt. Ltd., a 50:50 JV between BPCL and Sembcorp Green Hydrogen, won a contract to supply 10,000 tonnes per annum of green hydrogen to Numaligarh Refinery Ltd.
- The green hydrogen facility is planned at NRL’s refinery in Assam, expected to start commercial operations in 2028 with hybrid renewable power and energy storage for round-the-clock supply.
- The contract was awarded through a competitive bidding process, achieving the most competitive green hydrogen tariff discovered in India to date.
Why it's rated notable: The filing states an awarded 10,000 tonnes per annum green hydrogen contract to a 50:50 BPCL joint venture but gives no contract value, so the level is set without an amount.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.