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Indian Oil Forms Subsidiary to Expand Green Energy Businesses

It aims to expand its renewables portfolio to 35 GW by 2030

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Government-owned oil marketing company Indian Oil Corporation (IOC) has said it would consolidate its current green assets under one umbrella to bolster the expansion across all verticals, including biofuels, renewables, green hydrogen, carbon offsets, and carbon capture, utilization, and storage.

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