A memorandum of understanding (MoU) has been signed between HPCL Mumbai Refinery and BPCL Mumbai Refinery for the purchase and sale of hydrogen.
The MoU is a one-of-a-kind strategic partnership between two companies to create synergy for mutual aid during emergencies and towards environmental impact by minimising valuable hydrogen flaring.
The initiative aims to achieve cooperation and collaboration in the areas of hydrogen exchange between refineries for sustained refinery operations and uninterrupted product availability.
