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ONGC receives US patent on hydrogen generation process

ONGC receives US patent on  hydrogen generation process
“United States Patent and Trademark Office has issued a Patent to ONGC Energy Centre (OEC) Trust and Institute of Chemical Technology (ICT), Mumbai for the innovative research work on ‘Hydrogen Production Method by Multi-step Copper-Chlorine Thermochemical Cycle’,” the company said in a
statement here.

Hydrogen is considered as one of the most efficient and clean emerging sources of energy for transport and power generation applications. Research efforts by ICT and OEC are continuing to develop and demonstrate indigenous integrated facility for closed loop operation of the process for hydrogen generation at a laboratory scale. Key reactors used in this process have been indigenously developed. “The Patent holds the potential to open up new vista for generation of hydrogen from water on commercial scale in a sustainable manner in the coming years,” it said. The ONGC Energy Centre Trust, set up by ONGC, has been pursuing a programme to develop innovative methods to generate hydrogen by splitting water thermo chemically, using heat generated from solar or nuclear energy.

Such methods involve carrying out a sequence of chemical reactions at high temperature (5500C -9000C) that use metals, acids and water. When such processes are carried out in a closed-loop process, they result in splitting of water into hydrogen and oxygen while reactants are regenerated.
There are challenges in development and integration of these complex chemical reactions at high temperature for which research is being pursued by many countries.

ONGC tripura sells 23.5% stake to India Infra fund-II

An ONGC-promoted company has sold 23.5 per cent stake to India Infrastructure Fund-II for Rs 426 crore. With this stake sale, all of the equity of ONGC Tripura Power Co Ltd has been tied up.

Oil and Natural Gas Corp (ONGC) will continue to hold 50 per cent stake in OTPC while IL&FS Energy Development Co Ltd (IEDCL) will have 26 per cent and Government of Tripura 0.5 per cent stake.
“ONGC, IEDCL and Government of Tripura, three promoters of OTPC, have entered into definitive agreements with India Infrastructure Fund II by which the latter will be acquiring 23.5 per cent stake in OTPC.

The total consideration of the transaction is about Rs 426 crore,” the company said in a statement here. This consummates the equity structure as was envisaged at the time of setting up the project.
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