By: ICN Bureau
Last updated : April 01, 2023 7:45 am
The MoU was signed by Vijay S Agashe, Executive Director - HPCL Mumbai Refinery and Subramoni Iyer, Executive Director - BPCL Mumbai Refinery
A Memorandum of Understanding (MoU) was signed between HPCL Mumbai Refinery and BPCL Mumbai Refinery as part of synergy through purchase and sale of hydrogen at a signing ceremony held recently.
The MoU was signed by Vijay S Agashe, Executive Director - HPCL Mumbai Refinery and Subramoni Iyer, Executive Director - BPCL Mumbai Refinery, in presence of senior Officials from HPCL and BPCL Refineries.
This MoU is one-of-a-kind strategic partnership between two OMCs as a part of synergy for mutual aid during emergencies and towards environmental impact by minimizing valuable hydrogen flaring. This initiative envisages cooperation and collaboration as part of synergy in the areas of hydrogen exchange between both Refineries for sustained refinery operations and uninterrupted product availability.
Hydrogen is an essential utility required for Hydro treating / Hydro processing of HSD and MS streams to produce HSD and MS specifications as per Bharat Stage VI norms and is vital for reliable and safe refinery operations.