{"id":516972,"date":"2022-08-26T11:13:19","date_gmt":"2022-08-26T05:43:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516972"},"modified":"2022-08-26T11:13:19","modified_gmt":"2022-08-26T05:43:19","slug":"ioc-to-spend-rs-2-lakh-crore-for-net-zero-target-by-2046","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-to-spend-rs-2-lakh-crore-for-net-zero-target-by-2046\/","title":{"rendered":"IOC to spend Rs 2 lakh crore for net zero target by 2046"},"content":{"rendered":"<p>NEW DELHI: 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.<br \/>\nThe target set is in line with India&#8217;s aim to reach net-zero emissions by 2070.<br \/>\nIOC, which refines crude oil into fuel and manufactures petrochemicals, will use a combination of energy efficiency measures, electrification of processes and fuel replacement.<br \/>\n&#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>NEW DELHI: 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 [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-516972","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516972","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516972"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516972\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}