Indian Oil Establishes a subsidiary to grow its Green Energy Business

Indian Oil Corporation (IOC), a government-owned oil marketing firm, has announced that it will combine all of its green assets under one roof to support the growth of all renewable verticals, including biofuels, renewable energy, green hydrogen, carbon offsetting, and carbon capture, use, and storage. The IOC board subsequently approved the creation of a wholly-owned subsidiary, subject to t...
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