India's largest oil company investing $25B+ in green energy transition
Indian Oil Corporation (IOC) is India's largest commercial enterprise and is investing over $25 billion in green energy initiatives including green hydrogen, biofuels, solar energy, and EV charging. The company is building India's first commercial-scale green hydrogen plant and converting its vast fuel retail network into multi-energy stations.
IOC's green transition represents how Asia's largest oil companies are repositioning for a post-fossil-fuel future, with massive implications for India's energy security.
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