IOC plans to invest over Rs 2 trillion to reach net-zero goal by 2046
Indian Oil Corporation (IOC) plans to invest over Rs 2 trillion to reach the net-zero carbon emission target by 2046, its chairman S M Vaidya said in the annual general meeting.
“I would like to underline that we already have a well-crafted blueprint in place, with a multi-pronged approach to take us gradually towards the net zero destination. We have envisaged that an investment of over Rs 2 trillion will be required to achieve the target by the year 2046,” Vaidya said. India, as a whole, aims to achieve the net zero target by 2070.
