Indian Oil Corporation (IOC) has issued a tender for a green hydrogen generation unit (GHGU) of 10 KTA capacity on a build-own-operate (BOO) basis at its Panipat Refinery Petrochemical Complex.

The first hydrogen gas delivery is scheduled for 30 months from the letter of award.

The last date for submitting the bid is April 22, 2024. Bids will be opened the next day.

Bidders must submit an earnest money deposit of ₹54.9 million (~$658,842).

Bidders can be part of a joint venture/consortium.

They should have undertaken the construction and operation of a project with hydrogen handling facilities in the specified sectors, either on a BOO or build-own-operate-transfer (BOOT) basis, within the last 12 years.

The project should have been in commercial operation for at least a year. Experience in sectors with hydrogen handling facilities includes:

• Refinery unit, petrochemical unit, or fertilizer unit with a minimum capacity of 500 KTPA
• Hydrogen generation unit of 5 KTPA in any sector
• Power project with a minimum capacity of 150 MW
• Water electrolysis-based hydrogen unit with a minimum capacity of 5 MW

Bidders must have completed an Engineering, Procurement, Construction, and Commissioning (EPCC) contract for a new plant with hydrogen handling facilities in the specified sectors.

They should have at least one year of operational experience with a plant with hydrogen handling facilities in the mentioned sectors.

Bidders must either be qualified electrolyzer manufacturers (QEM) as defined or obtain confirmation from a QEM willing to participate in the project. An Indian or foreign electrolyzer technology provider meeting specific criteria will be considered a QEM.

Bidders must also be renewable power producers operating grid-connected solar, wind, or other renewable source-based power projects for at least one year within the last 12 years, with a minimum installed capacity of 150 MW.

Alternatively, if bidders purchase renewable power from a third party, the third party should meet specific criteria related to its relationship with the bidder.

Bidders must demonstrate a minimum combined capital investment or executed purchase orders for engineering, procurement, construction, and commissioning jobs totaling ₹10.82 billion (~$129.6 million), excluding taxes for new plants in the refinery, petrochemical, fertilizer, or power sector within the last 12 years.

Only a maximum of five plants will be considered for calculating the combined capital investment or executed purchase orders.

The sole bidder, its parent, holding company, promoter, partner, constituents, affiliates, or consortium/JV members must have a minimum average annual turnover equal to or exceeding ₹2.6 billion (~$31.1 million), excluding GST in at least one of the immediate three preceding financial years.

Recently, IOCL invited bids for an EPC contract for a 1 MW solar power project at Southern Region Pipelines in Chittoor, Andhra Pradesh.

It invited bids for O&M of an existing 1.1 MW solar power project at Indane Bottling Plant, Devanagonthi village in Bengaluru Rural district in Karnataka.

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