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Indian Oil Corporation Plans Renewable Energy Expansion Amid Stable Crude Prices

SUSTAINABLE AVIATION FUELHYDROGENBIOFUELS

Indian Oil Corporation (IOC) Chairman AS Sahney announced plans for renewable energy expansion, including a green hydrogen plant in Panipat and sustainable aviation fuel supply, amidst stable global crude prices projected at $60-$64 per barrel. He confirmed continued LPG subsidies until October 2026 and emphasized the company's commitment to net-zero emissions by 2046, alongside ongoing investments in biofuels and efficiency improvements.

Indian Oil Corporation Plans Renewable Energy Expansion Amid Stable Crude Prices
Jan 23, 2026, 6:13 AM

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