New Delhi, July 3 -- Indian Oil Corp. (IOC), the country's largest oil-marketing company with over 37,500 petrol stations, is working on a new business plan to set up green hydrogen fuel dispensing pumps across the nation, chairman Arvinder Singh Sahney said in an interview.

Sahney said that apart from captive consumption at its refineries, where Indian Oil would look at replacing grey hydrogen with green hydrogen, the company aims to eventually cater to the mobility demand in the country, thereby retailing green hydrogen fuel cells.

He believes that due to critical safety requirements for hydrogen, separate and enhanced safety norms would be necessary for green hydrogen stations. This would require oil marketing companies (OMCs) to est...