Scores recomputed 4 days ago

Indian Oil Corporation Green H2 Panipat

Construction✓ Source-checked

L&T Energy GreenTech Ltd (LTEG) — IOCL is off-taker under 25-yr BOO

Source: IEA Hydrogen Projects Database (September 2025)

Project Overview

Country: India
Region: Haryana
Capacity: 118 MW
Technology: Alkaline Electrolysis
Investment · scope not declared (USD): $600M
Subsidy Status: applied

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Development Timeline

AnnouncedDec 2022

FIDJul 2025

Construction—

OperationalDec 2027planned date

Readiness Score

57/ 100

Advanced

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15

✓EPC Contract signed(implied)+10

✓Permits obtained(implied)+8

✓Grid connection secured(implied)+7

Commercial

✓Binding offtake agreement+15

✓MOU / offtake letter of intent(implied)+5

✗Confirmed price / tariff+5

✗Applied to government program+5

Financing

✗Project finance / debt secured+10

✗Subsidy (applied)+0

Track Record

✗Developer has completed H2 project+5

✗Developer has completed RE project+3

✓Developer has energy experience+2

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