{"id":516938,"date":"2022-08-26T09:37:59","date_gmt":"2022-08-26T04:07:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516938"},"modified":"2022-08-26T10:21:07","modified_gmt":"2022-08-26T04:51:07","slug":"ioc-to-spend-rs-2-trn-for-net-zero-target-by-2046-chairman","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-to-spend-rs-2-trn-for-net-zero-target-by-2046-chairman\/","title":{"rendered":"IOC to spend Rs 2 trn for net-zero target by 2046: Chairman"},"content":{"rendered":"<p>Indian Oil Corporation (IOC), the nation&#8217;s top oil firm, will invest Rs 2 lakh crore to achieve net-zero operational carbon emissions by 2046, its chairman Shrikant Madhav Vaidhya said on Thursday.<\/p>\n<p>The target set is in line with India&#8217;s aim to reach net-zero emissions by 2070.<\/p>\n<p>IOC, which refines crude oil into fuel and manufactures petrochemicals, will use a combination of energy efficiency measures, electrification of processes and fuel replacement.<\/p>\n<p>&#8220;The company is embarking on a decarbonisation journey that will be crucial not only for the company&#8217;s destiny but also for the planet,&#8221; Vaidya said. &#8220;On the 99th year of India&#8217;s independence (2046), IndianOil will be operationally independent of emissions.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation (IOC), the nation&#8217;s top oil firm, will invest Rs 2 lakh crore to achieve net-zero operational carbon emissions by 2046, its chairman Shrikant Madhav Vaidhya said on Thursday. The target set is in line with India&#8217;s aim to reach net-zero emissions by 2070. IOC, which refines crude oil into fuel and manufactures petrochemicals, will use a combination of energy efficiency measures, electrification of processes and fuel replacement. &#8220;The company is embarking on a decarbonisation journey that will be crucial not only for the company&#8217;s destiny but also for the planet,&#8221; Vaidya said. &#8220;On the 99th year of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-516938","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516938"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516938\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}