Indian Oil To Set Up 10,000 E-Vehicle Charging Stations In 3 Years: Chairman
NDTV
The Indian Oil chairman also said the refiner is drawing up plans to cut greenhouse gas emissions from its operations to aid the country's net zero carbon target by 2070.
Indian Oil Corp (IOC) will set up 10,000 electric vehicle charging stations in the next three years and is drawing up plans to cut greenhouse gas emissions from its operations to aid the country's net zero carbon target by 2070, its chairman said on Wednesday.
Prime Minister Narendra Modi on Monday announced as the target for India to reach net zero, saying that by 2030 the share of renewables in India's energy mix would rise to 50 per cent from 38 per cent and projected emissions would be cut by a billion tonnes.
IOC, the largest fuel retailer and refiner in India, controls about a third of the country's 5 million barrels per day (bpd) refining capacity.
Globally, oil and gas majors have announced plans to reduce or eliminate emissions by 2050.
