{"id":562876,"date":"2023-03-16T10:24:29","date_gmt":"2023-03-16T04:54:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=562876"},"modified":"2023-03-16T10:24:29","modified_gmt":"2023-03-16T04:54:29","slug":"ioc-to-float-arm-for-low-carbon-energy-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-to-float-arm-for-low-carbon-energy-business\/","title":{"rendered":"IOC to float arm for low carbon energy business"},"content":{"rendered":"<p>NEW DELHI: State-run Indian Oil Corporation on Wednesday said it will set up a wholly-owned subsidiary to consolidate all new and low-carbon energy businesses under a single umbrella to speed up net its zero journey.<\/p>\n<p>\u201cWe plan to offer a diverse portfolio of both molecules and electrons. While we look to diversify our existing petroleum and gas product offerings, we will consolidate our green assets under one vertical,\u201d company chairman S M Vaidya said at an industry function coinciding with the announcement.<\/p>\n<p>\u201cOur vision is to establish IndianOil as one of India\u2019s leading Integrated green energy and decarbonisation majors offering products across biofuels, renewables, green hydrogen and new low-carbon value chains, including CCUS (carbon capture, utilisation and storage),\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run Indian Oil Corporation on Wednesday said it will set up a wholly-owned subsidiary to consolidate all new and low-carbon energy businesses under a single umbrella to speed up net its zero journey. \u201cWe plan to offer a diverse portfolio of both molecules and electrons. While we look to diversify our existing petroleum and gas product offerings, we will consolidate our green assets under one vertical,\u201d company chairman S M Vaidya said at an industry function coinciding with the announcement. \u201cOur vision is to establish IndianOil as one of India\u2019s leading Integrated green energy and decarbonisation majors offering [&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-562876","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\/562876","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=562876"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562876\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=562876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=562876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=562876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}