Essar Oil to set up hydrogen project in the UK
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MUMBAI, Jan. 13 -- Essar Oil UK will build the country's first low-carbon hydrogen hub along with UK-based Progressive Energy, at the former's Stanlow refinery in Ellesmere Port, Cheshire, the company said today.
This will help provide Essar Oil with low-carbon hydrogen to decarbonise its energy demand in addition to creating a hydrogen economy across northwest England and northeast Wales.
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The company will invest 750 million pounds in two plants that will be set up by Progressive Energy as part of this venture.
The hub will initially produce 3 terawatt-hours (TWh) of low carbon hydrogen each year, beginning 2025, followed by facility twice this size giving a total capacity of ove...
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