.3 min read Final Upgraded: Aug 06 2024|1:15 PM IST.State-run Indian Oil Enterprise Ltd (IOCL) has removed a tender for building India's first eco-friendly hydrogen plant at its own Panipat refinery in Haryana for the second time, the Economic Moments is mentioning.IOCL, on Monday, marked the tender as "called off" on its own site. The tender was pulled due to just acquiring two quotes, the document claimed presenting sources. Recently, it had actually been reported that the prospective buyers were actually GH4India and Noida-based Neometrix Engineering.This tender was actually popular as it denoted India's first venture into figuring out the cost of green hydrogen through competitive bidding process.GH4India is a collaborative endeavor just as possessed by IOCL, ReNew Energy, as well as Larsen & Toubro.The termination of first tender.In August in 2015, IOCL had invited purpose creating a green hydrogen development system with a size of 10,000 tonnes every annum at its own Panipat refinery. This unit was aimed to become built, owned, and also functioned for 25 years.According to the tender terms, the succeeding prospective buyer was required to begin hydrogen gasoline shipping within 30 months of the venture's award. The task involved a 75 MW electrolyser capacity to generate 300 MW of tidy energy, along with an overall capital expenditure approximated at $400 thousand.However, business attendees highlighted a number of conditions in the offer documentation that showed up to favour GH4India. The preliminary tender was actually apparently called off after an industry affiliation filed a lawsuit in the Delhi High Court of law, saying that some of its conditions were actually anti-competitive and prejudiced towards GH4India.Correcting greenish hydrogen rate.This initiative was actually intended for being India's very first attempt to create the rate of environment-friendly hydrogen via a bidding process. Despite first rate of interest from leading engineering and also commercial gasoline companies, many did certainly not submit offers, mirroring the result of the previous year's tender. That earlier tender also dealt with legal problems as a result of claims of anti-competitive methods.IOCL revealed that the second tender method featured a number of expansions to permit bidders adequate opportunity to submit their plans.Around 30 entities gotten pre-bid documents in May, consisting of Indian companies like Inox-Air Products, Acme, Tata Projects, and also NTPC, along with worldwide firms like Siemens, Petronas/Gentari, as well as EDF. The technical bids were just recently opened, with the day for the cost bid announcement yet to be made a decision.Why were prospective buyers worried.Would-be bidders have actually increased problems concerning the qualifications criteria, especially the criteria for knowledge in working hydrogen units, EPC, and also electrolysers. The standards mentioned that a qualified bidder must have EPC knowledge and have worked a refinery, petrochemical, or even fertiliser industrial plant for a minimum of 1 year.This led some potential bidders to request due date extensions to develop joint projects along with industrial gas producers, as merely a restricted number of business possess the needed scale and also experience.Initial Published: Aug 06 2024|1:15 PM IST.