NEW DELHI: India’s largest oil refiner and fuel retailer IndianOil on Thursday unveiled a Rs 2 lakh crore roadmap to achieve net zero greenhouse gas emission from its operations by 2046.
Given the size of the company’s operations, the move will boost prime minister Narendra Modi’s vision of a net-zero India by 2070 announced at the COP26 climate meet at Glasgow, UK.
“On the 99th year of India’s independence (when the country begins centenary celebrations), IndianOil will be operationally independent of emissions… The company is embarking on a decarbonisation journey that will be crucial not only for its destiny but also for the planet,” chairman Shrikant Madhav Vaidya said announcing the plan.
