According to Bloomberg Quint, Reliance Industries will repurpose a plant that currently converts petroleum coke into synthesis gas so that it is able to create blue hydrogen that can be utilised across India.
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This presents a significant opportunity for Reliance to support decarbonisation within India whilst also becoming a major player in the hydrogen industry across the globe.
The company see the generation of blue hydrogen as a means to ramp up a market for green hydrogen – the cleanest variant.
In kickstarting the hydrogen economy, it can also create a booming market for hydrogen in India whilst also creating an incentive for green hydrogen should it be successful.
The plant, when operational, will be capable of producing blue hydrogen for $1.2 – $1.5 per kilogramme.
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Making hydrogen happen
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