IOCL Plans To Raise ₹22,000 Cr. For Green Energy Transition
The Indian Oil Corporation Limited (IOCL) intends to raise $22,000 crore through a rights offering. The public sector oil marketing company’s (OMC) board of directors...
Tag : IOCL
IOCL Is Planning To Spin-Off Its Alternative Energy Business
Indian Oil Corporation (IOCL), India’s largest oil marketing corporation, is proposing to establish a new company to house its alternative energy companies. IOCL is already...
Tata Motors Developing Hydrogen Fuel Cell Technology In India
The Indian government has set an ambitious objective of decreasing the carbon intensity of its economy by 45 percent by year 2030. In this backdrop,...
India’s Green Hydrogen Transition Will Cost $60 Billion
State-owned energy corporations are seeking partners to collaborate and create green hydrogen plants to power their refineries and commercialize the fuel. Over the next three...
EV Charging Outlets Are The New Favorites For The Indian Oil Companies
Oil marketing companies (OMCs), which until two years ago saw a bright future in fossil fuels, are readying expansion plans for the electric vehicle (EV)...
IOCL To Set Up New 2G Ethanol Plant At Panipat
Furthering the Government of India’s commitment in promoting the use of environmentally friendly products, the Ministry of Environment, Forest and Climate Change has given Environment...
IOCL To Set Up Bio-CNG Plants In Haryana
Indian Oil Corporation (IOCL) has signed an Memorandum of Understanding (MoU) with Haryana Government to set up bio-CNG plants based on paddy straw and other agri-waste...
Indian Oil Companies to invest Rs10,000 crore for Bio-CNG plants
State-run oil marketing companies Indian Oil Corporation (IOC); Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) plan to spend nearly Rs10,000 crore to set...