Eden Energy To Install and Supply India's First Public Hydrogen Fueling Station

  
    
  
  
    
      Eden Energy Ltd., through its wholly-owned subsidiary Hythane Company 
      LLC, has been selected by IndianOil Corporation to install and supply 
      the first public hydrogen fueling station in India. The $1 million 
      retail outlet will be sited in the heart of Delhi at one of India’s 
      busiest natural gas fuelling stations.
    
    
      Scheduled for completion in the fall of 2008, the station will produce, 
      store, blend, and dispense Hythane® as well as 
      hydrogen to power natural gas vehicles, including buses, cars, and 
      trucks. Hythane® is a patented mixture of 
      hydrogen and natural gas that provides a dramatic reduction in nitrous 
      oxide emissions, a source of harmful photochemical smog.
    
    
      India has set a target of having at least 20% of all vehicles operate on 
      hydrogen-based fuel by 2020--an estimated one million vehicles. Along 
      with other hydrogen fuel projects Eden is undertaking in India, the 
      United States, and Europe, the Delhi station is seen as a springboard 
      for commercial rollout of Hythane® worldwide.
    
    
      “India’s first 
      hydrogen fueling station will be a showcase for public access to this 
      environmentally beneficial alternative fuel,” 
      said Eden Energy’s Executive Chairman Greg 
      Solomon. “We expect to expand here rapidly to 
      present a model to the world in which Hythane® 
      is the fuel of choice in a thriving hydrogen economy.”
    
    
      Hythane® leverages the benefits of hydrogen 
      into the existing natural gas infrastructure. An estimated 7 million 
      natural gas vehicles and 10,000 natural gas fueling stations worldwide 
      present an extensive market for this optimized blend of hydrogen and 
      natural gas that is significantly less expensive than diesel fuel or 
      gasoline, and offers near-zero emissions. Countries with the largest 
      natural gas vehicle use include Argentina, Pakistan, Brazil, Italy, 
      India, and the United States.
    
    
      “Hythane® is the 
      transitionary fuel that will lead India from a hydrocarbon economy to 
      the hydrogen economy,” said Roger Marmaro, 
      President of Hythane. “During this 
      implementation period, India will see immediate benefits, realizing a 
      95% reduction in emissions at a much lower cost than conventional fuels.”
    
    
      About Eden Energy
    
    
      Eden Energy Ltd. (ASX:EDE) is a diversified clean energy company 
      providing global alternative energy solutions. The company focuses on 
      producing, storing, and delivering hydrogen to market to power 
      hydrogen-based transportation. Hydrogen technologies developed and 
      marketed by Eden include Hythane®, a near 
      zero emissions alternative fuel. Hythane Company LLC is based in 
      Littleton, Colorado, USA. For more information, please visit www.edenenergy.com.au 
      or http://www.hythane.com.
    
    
      About IndianOil Corporation
    
    
      IndianOil Corporation, a Fortune 500 company, is India’s 
      largest commercial enterprise and widely recognized as the nation’s 
      dominant energy brand. With core values of quality, reliability, 
      service, and stringent checks built into its operating systems, 
      IndianOil has ensured the trust of over a billion Indians over the last 
      four decades. For more information, please visit http://www.iocl.com/products.aspx.