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Indian Oil sets out its non-oil business plan

By Economic Times - 2 months ago
Indian Oil Corp aims to triple natural gas sales and increase renewable energy capacity to 31 GW by 2030, while building 5 GWh of lithium-ion battery-making capacity by 2031. The company is diversifying its energy offerings, including a strategic agreement with Japan's Panasonic Energy to explore lithium-ion battery manufacturing opportunities in India.

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