Indian Oil Corporation (IOC) has renewed its focus on green energy and sustainability initiatives, having firmed up a mega clean energy drive that includes plans to invest Rs 1,820 crore in setting up green energy generation capacity, pushing bio-fuel blending in petroleum products and adopting measures to cut down its carbon footprint. The proposal includes setting up a 261 MW of green power capacity with an investment of Rs 1,820 crore phased over the next five years. The company currently operates two wind-power projects including a 21-MW plant at Kutch in Gujarat and another 48-MW project at Vajrakarur and Gandikota in Andhra Pradesh.
Contact: Indian Oil Corporation.
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