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Oil India plans Rs. 25,000cr investment in renewable energy

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Image Credit: khabar india

State-run Oil India is planning to invest Rs. 25,000 crore in renewable energy to achieve its net-zero emissions goal by 2040, as per Chairman and Managing Director, Ranjit Rath. The investment will cover green hydrogen, compressed biogas, solar energy, geothermal energy, and zero-flaring initiatives. Additionally, the company aims to transition from diesel-fired engines to gas engines.