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BPCL-Sembcorp JV secures green hydrogen deal at ₹279/kg

after close1 source ↓written by the desknot a recommendation

of green hydrogen
10,000 tonnes per annum
features a competitive
25-year agreement
competitive tariff
₹279/kg
commence operations
2028

NeuEN Green Energy, a joint venture between Bharat Petroleum Corporation Ltd and Sembcorp, has won a contract to supply 10,000 tonnes per annum of green hydrogen to Numaligarh Refinery Ltd. The 25-year agreement features a competitive tariff of ₹279/kg, marking a significant milestone in India's green hydrogen market. This project will support NRL's decarbonisation efforts and is set to commence operations in 2028.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Mar 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BPCL closed +0.8% on the day of the news, from ₹282.25 to ₹284.55; Nifty +1.7% over the same session; futures OI −2.1%.

Bulletin at 16:04 IST on 24 Mar 2026. Every change is measured from ₹282.25, the last close before it, on 24 Mar. Nifty 50 is measured over the same sessions.

  • BPCL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BPCL closes around the bulletin against the close before the news, with Nifty 50 rebased to it255.38282.25309.12axis spans 21%before the news · 24 Mar282.25Nifty 50BPCLbulletinD0+1+3+518 Mar1 Apr13 AprFutures open interest, lotspeak 37,000Reference close ₹282.25. 16 sessions from 18 Mar to 13 Apr; the price axis spans 21 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before24 Mar₹282.25basebase
On the day25 Mar₹284.55▲ +0.8%▲ +1.7%−0.9 pp difference
+1 session27 Mar₹282.70▲ +0.2%▼ −0.4%+0.6 pp difference
+3 sessions1 Apr₹281.25▼ −0.3%▼ −1.0%+0.7 pp difference
+5 sessions6 Apr₹278.70▼ −1.3%▲ +0.2%−1.5 pp difference
Gap at the open, % · ₹
▲ +2.1%+5.96 on 25 Mar
Day's range, % · ₹
2.8%≈ 8.0 high to low
Volume on the day
1.35×the 20-session average
Futures OI on the day
▼ −2.1%−770 lots · short covering · price +0.8%
Futures OI open, lots
35,00025 Mar · 30 Mar expiry
Futures premium, ₹
−0.15−0.1% to spot
Puts per call, by OI
0.65from 0.67 the session before
Max pain
300from 300 the session before

Source NSE UDiFF bhavcopy · BPCL on the desk →

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