News
23 August 2019

Indian Oil plans $3.5bn investment in renewables

In:
Power, Renewables
Region:
Asia-Pacific

Indian Oil Corporation (IOC) is planning to make a Rs250 billion ($3.5 billion) investment in solar, wind, and biofuels to prepare for the looming technology disruption in the energy industry. Solar and wind capacity is set to increase to 260MW by 2020 from its current 216MW level. The company...

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