MARKET STRUCTURE · INDIA
NeuEN JV wins 10ktpa green hydrogen contract
Change
NeuEN Green Energy Pvt. Ltd. secured a contract to supply 10,000 tonnes per annum of green hydrogen to Numaligarh Refinery Ltd.
Why it matters
The contract commits NeuEN to supply 10,000 tpa of green hydrogen under a long-term offtake and to build a production facility at Numaligarh Refinery's Assam site. The facility will integrate renewable energy and advanced storage to enable round-the-clock hydrogen delivery. Commercial operations are scheduled to begin in 2028. NeuEN is a 50:50 joint venture between Bharat Petroleum Corporation Limited and Sembcorp Green Hydrogen India.
Implications
- · NeuEN must design, construct, and operate on-site green hydrogen production capacity sufficient to meet a 10,000 tpa supply obligation.
- · Numaligarh Refinery obtains a contracted green hydrogen supply, changing its contracted fuel procurement profile.
- · Project execution and capital deployment will be driven by a 2028 commercial-operations timeline, creating near-term construction and commissioning milestones.
- · The JV will need to deploy renewable generation and storage to meet continuous delivery requirements for the offtake.
Who is affected
- · Operators
What to watch
- · Commercial operations targeted to start in 2028
Source
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