IOC Chairman seeks budgetary support for refiners for using green hydrogen

With oil refineries expected to be the largest consumers of green hydrogen, Indian Oil Chairman Shrikant Madhav Vaidya on Monday said that a budgetary support for the refining sector will help achieve the net zero target. Speaking at the post budget interaction of the Maharashtra industry with the Union Finance Minister Nirmala Sitharaman here, Vaidya

Nafed signs deal with IOC to curb carbon emissions

Agro co-op giant NAFED inked an MoU with Indian Oil Corporation (IOC) in order to increase biofuel production in the country in order to reduce carbon emissions, among other things. The event was attended by senior officials from Nafed and the IOC. “MoU b/w IOC & NAFED was signed on 15 Feb 2022 to set-up

New policy to reduce the cost of green hydrogen by 40-50%

India’s largest oil company Indian Oil Corporation (IOC) will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units, as it considers hydrogen policy green which has just been announced as a turning point in the country’s energy transition. this will help reduce costs. SSV Ramakumar, director of

Adani Total Gas wins 14 city gas licenses, IOC 8

A joint venture of billionaire Gautam Adani-run group’s gas arm and Total of France on Friday walked away with the most 14 licenses to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, according to oil regulator PNGRB. Adani Total Gas Ltd won city gas rights in

IOCL clarification on rollout of Ethanol Blended Petrol across the NE States

Indian Oil Corporation Ltd. has recently planned to roll out 10% Ethanol Blended Petrol (E10) across the 7 North Easters states with a 100% rollout in Guwahati. The blending of 10 % ethanol in Petrol in India is a practice which is nearly 2 decades old now and has been implemented across the country. Implementation

IOC, Praj Industries to partner in exploring opportunities for green transition

Indian Oil Corporation (IOC) and Praj Industries have inked an MoU to explore opportunities to fast-track India’s transition to cleaner and greener sources of energy by exploring avenues such as the production of Alcohol to Jet (ATJ) fuels, 1G and 2G Ethanol, Compressed Bio-Gas (CBG) and related opportunities in the bio-fuels industry. Exploring these green