{"id":599931,"date":"2023-08-28T10:17:00","date_gmt":"2023-08-28T04:47:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=599931"},"modified":"2023-08-28T10:43:17","modified_gmt":"2023-08-28T05:13:17","slug":"ioc-unveils-rs-4-lakh-crore-expansion-transition-roadmap","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-unveils-rs-4-lakh-crore-expansion-transition-roadmap\/","title":{"rendered":"IOC unveils Rs 4 lakh crore expansion, transition roadmap"},"content":{"rendered":"<p>NEW DELHI: IndianOil on Friday laid out a Rs 4 lakh-crore roadmap for becoming a \u2018360-degree\u2019 energy company by pushing energy transition projects along with expansion of refining and petrochemicals capacities. <\/p>\n<p>\u201cAs India&#8217;s energy custodians, your company has crafted a clear roadmap to drive India&#8217;s energy destiny. To fuel the rising energy demand of an ascendant India, we are committed to increasing our share in India&#8217;s energy pie from the current 9% to around 12.5% by 2050,\u201d chairman Shrikant Madhav Vaidya told shareholders at the AGM. <\/p>\n<p>The company will spend Rs 1 lakh crore on expanding refining capacity and Rs 2.4 lakh crore on projects for achieving net-zero carbon emissions from its operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: IndianOil on Friday laid out a Rs 4 lakh-crore roadmap for becoming a \u2018360-degree\u2019 energy company by pushing energy transition projects along with expansion of refining and petrochemicals capacities. \u201cAs India&#8217;s energy custodians, your company has crafted a clear roadmap to drive India&#8217;s energy destiny. To fuel the rising energy demand of an ascendant India, we are committed to increasing our share in India&#8217;s energy pie from the current 9% to around 12.5% by 2050,\u201d chairman Shrikant Madhav Vaidya told shareholders at the AGM. The company will spend Rs 1 lakh crore on expanding refining capacity and Rs [&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":[130,219,137],"tags":[],"class_list":["post-599931","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\/599931","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=599931"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/599931\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=599931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=599931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=599931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}