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Indian Oil to Set Up Subsidiary to Deploy 1 GW Renewable Energy Projects

The company approved an equity investment of ₹13.04 billion in the subsidiary

May 3, 2024

/ Staff
/ Renewable Energy
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Indian Oil Corporation (IOCL) has decided to form a wholly-owned subsidiary to undertake low-carbon, clean, and green energy businesses with an equity investment of ₹13.04 billion (~$15.63 million).

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Staff

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Clean energyGreen EnergyHydrogenIOCLLow—CarbonNet-zero
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