In Short : Indian Oil has installed rooftop solar panels at over 36,000 fuel stations across India, reducing power costs and promoting clean energy. Petroleum Minister Hardeep Singh Puri highlighted the move as part of India’s green transition and PM Modi’s rooftop solar vision. The country’s solar capacity has grown from 2.82 GW in 2014 to […]
Indian Oil Launches Nation’s Largest Green Hydrogen Plant to Power Cleaner Future – EQ
In Short : Indian Oil Corporation is setting up India’s largest green hydrogen plant at its Panipat refinery, aiming to produce 10,000 tonnes annually by 2027. Partnering with L\&T, the project supports India’s Green Hydrogen Mission and IOCL’s net-zero goals. Using renewable energy for electrolysis, it will reduce emissions and transform refinery operations with a […]
Indian Oil Accelerates Green Shift with ₹1,086 Crore Boost and LNG Diversification Strategy – EQ
In Short : Indian Oil Corporation will invest ₹1,086 crore in its subsidiary Terra Clean Ltd. to develop 4.3 GW of renewable energy capacity, expanding its total planned green portfolio to 5.3 GW. This move aligns with IOC’s clean energy goals. The company also signed a $1.3 billion LNG deal with Trafigura to diversify its […]
Indian Oil to Invest Rs 31,000 Crore in FY25 to Focus on Green Energy – EQ
New Delhi : Indian Oil Corporation Limited (IOCL), the nation’s largest oil marketing company, plans to allocate a capital expenditure of Rs 31,000 crore for the financial year 2024-25. This substantial investment will cover equity contributions in joint ventures and subsidiaries, as the company aims to expand its core operations and accelerate its transition towards […]
Indian Oil Issued Tender for Engineering, Procurement, Construction (EPC) inclusive of 2 Year Comprehensive Operation , Maintenance of 92 KWp On Grid Ground Mounted Captive Solar Power Project. – EQ Mag Pro
Engineering, Procurement, Construction (EPC) inclusive of 2 Year Comprehensive Operation , Maintenance of 92 KWp On Grid Ground Mounted Captive Solar Power Project. For more info preview below document :
Indian Oil Q4 Results: Net profit jumps 67 per cent to Rs 10,059 crore – EQ Mag
IOCL Q4 Results: On a quarterly basis, IOCL’s consolidated profit jumped 1117 per cent from Rs 890.23 crore. Indian Oil Corporation Ltd (IOCL) on Tuesday reported a jump of 52 per cent in its consolidated net profit to Rs 10,841.23 crore year-on-year (YoY) in Q4FY23. In the same quarter last year, IOCL’s net profit stood […]
Indian Oil plans green jet fuel plant to meet surging demand – EQ Mag
The facility will have capacity to produce 88,000 tons of SAF a year and Indian Oil is seeking to partner with other oil companies on the project, said S.S.V. Ramakumar, director for research and development. Supply agreements with airlines are needed to push ahead with the investment, he added. Indian Oil Corp. is planning to […]
Indian Oil Issue tender for 12 KWp On-Grid Ground Mounted Captive Solar Power Project at Indian Oil Product Application and Development Center – EQ Mag Pro
Engineering, Procurement, Construction (EPC) inclusive of 1 Year Comprehensive Operation and Maintenance (O and M) of 12 KWp On-Grid Ground Mounted Captive Solar Power Project at IndianOil Product Application and Development Centre
Indian Oil to install 18 electric vehicle chargers across prime locations – EQ Mag
Indian Oil Corporation (IOCL) is planning to install 18 new electric vehicle chargers at prime locations across the country. It will buy these chargers from Statiq, an electric vehicle (EV) charging network. The chargers will be an assorted blend of 30kW and 60kW fast chargers for use by any brand four-wheelers. Both the companies aim […]
NTPC, Indian Oil to Set Up Joint Venture Firm – EQ Mag Pro
The state-run corporations teamed up for setting up renewable energy-based power plants for Indian Oil refineries, State-owned power giant NTPC and Indian Oil have inked a pact to form a joint venture firm for meeting the electricity requirements of upcoming projects of the oil major. NTPC and Indian Oil signed an agreement on July 18, […]