India Observers

  The Indian government is planning to set up three additional strategic petroleum reserves in Rajasthan, Karnataka, and Madhya Pradesh. This move aims to enhance the country’s energy security by increasing its emergency crude oil storage capacity.  These new facilities will supplement the existing reserves in Visakhapatnam, Mangaluru, and Padur. The proposed sites are strategically selected to ensure wider geographic distribution and quicker access during global supply disruptions or price volatility.

  Indian Oil Corporation (IndianOil) has announced plans to establish India’s largest green hydrogen plant at its Panipat refinery in Haryana by 2027. This strategic move aligns with the country’s push for clean energy and carbon neutrality. The upcoming facility will have a capacity of 10,000 tonnes per annum and will be powered by renewable energy sources. It aims to support the refinery's operations and reduce its carbon footprint significantly. This project is a part of IndianOil’s broader commitment to invest in sustainable energy and advance India’s national green hydrogen mission. Once operational, the plant is expected to play a critical role in transforming the country’s energy landscape.