Indian Oil Corporation Limited (IndianOil) and industrial biotech company Praj Industries Limited have formalized plans to bolster biofuels production capacities in India. The two companies signed a term sheet that includes a variety of biofuels, such as Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel, and Bio-bitumen. This initiative follows an agreement reached in […]
Indian Oil Corporation Limited (IndianOil) said that its board has sanctioned ‘Stage-I’ approval for establishing the Paradip Petrochemical Complex at Paradip in Odisha with an investment of INR 61,077 crores. The new petrochemical project in Paradip will be IndianOil’s largest-ever investment at a single location. The Paradip Petrochemical Complex will comprise an international-scale cracker unit […]
Indian Oil Corporation (IndianOil) and NTPC Green Energy, a 100% subsidiary of NTPC, have agreed to form a joint venture (JV) to build renewable energy power plants to meet the power requirements of the former’s new projects of its refineries in India. Gurdeep Singh — NTPC CMD said: “Energy Transition is inevitable, what we have […]