Oil India to Invest Rs 25,000 Crore for Net Zero Emissions by 2040
State-owned Oil India Ltd (OIL) has announced plans to invest Rs 25,000 crore in clean energy initiatives to achieve its goal of net zero carbon emissions by 2040, according to Chairman Ranjit Rath. The strategy includes reducing gas flaring, commercializing stranded gas, and expanding renewable energy capacity through solar projects, green hydrogen plants, and biogas…