Indian Oil Corporation Limited has issued a request for proposals for 10 kilo tonnes per annum (KTPA) green hydrogen generation unit.

To be located at its Panipat refinery petrochemical complex, the project will be developed on the basis of build, own, and operate (BOO) model.

According to the tender guidelines, the bidders are required to submit Rs 54.9 million as an earnest money deposit. The bid submission deadline is April 22, 2024.

The prospective bidders have the option to join a joint venture or consortium. They must have executed the construction and operation of a project involving hydrogen handling facilities in the designated sectors, either through a BOO or build, own, operate, and transfer arrangement, within the past 12 years.

The project must have been commercially operational for a minimum of one year. Relevant experience in sectors involving hydrogen handling facilities comprises refinery units, petrochemical units, or fertiliser units with 500 KTPA as minimum capacity, 5 KTPA hydrogen generation units in any sector, at least 150 MW power projects, and at least 5 MW water electrolysis-based hydrogen units.

The bidders are required to have fulfilled an engineering, procurement, construction, and commissioning contract for a newly established facility with hydrogen handling facilities within the designated sectors.