IOC plans Rs 1 lakh crore investment for 18 GW green energy by 2030
Indian Oil Corporation Ltd. (IOC) has outlined plans to invest around Rs 1 lakh crore to build an 18 GW green energy portfolio by 2030. The state-owned refiner aims to acquire up to 12 GW of renewable energy capacity and develop another 6 GW organically. Its green energy subsidiary, Terra Clean Ltd., is targeted for a public listing by 2027-28. According to statements by IOC Chairman A S Sahney to the Economic Times (ET), the…
