Select Page

Indian Oil Corp to Invest Rs 5,215 Crore in Renewable Energy

Power | Solar Thermal | Investments

Indian Oil Corp announced a Rs 5,215 crore investment to develop 1 GW of renewable energy capacity, including standalone solar, wind, or hybrid projects. The company will invest Rs 1,304 crore in equity and establish a renewable energy subsidiary. This move aligns with Indian Oil's broader strategy to diversify into renewable energy and electric vehicle infrastructure.

Decarb Avenues

  • Decarbonizing Oil & Gas Sector
  • Distributed Solar PV
  • Electric Mobility
  • Solar Thermal
  • Utility Scale Solar PV
  • Wind Power

Drivers

  • Investments
  • Opportunities

Stakeholders

  • Corporate Leaders
  • Investors