IOC lines up ₹2.4 lakh crore to achieve net-zero emissions target

New Delhi:Indian Oil Corporation (IOC) plans to spend about ₹2.4 lakh crore to achieve its net-zero operational emissions target by 2046, said its chairman Shrikant Madhav Vaidya.

“Our well-crafted blueprint, with a staggered investment plan of about ₹ 2.4 trillion or $30 billion, will take us towards the net-zero destination,” Vaidya told shareholders at the company’s annual gathering.