One of the largest public sector company, Indian Oil Corporation Limited held a session on his much needed initiative on biofuels, sustainable solar-based cooking, carbon-efficient refinery technologies, and its initiatives in the energy transition during the ongoing COP 27 summit in Egypt’s Sharm El-Sheikh. The session covered IndianOil’s initiatives on biofuels, sustainable solar based cooking, carbon efficient refinery technologies and its initiatives in energy transition.

The Indian Oil Corporation Limited elaborated on its goals and pathways to achieve Net-Zero by 2046. The corporation also discussed India’s efforts in enhancing the Biofuels portfolio vis-a-vis Ethanol, Compressed Biogas (Biomethane), Biodiesel, Sustainable Aviation Fuel, and the recently launched ‘Surya Nutan’ solar cookstove. Energy consumption reduction initiatives of Indian Oil’s Refineries which resulted in carbon emissions reduction were also detailed.

Indian Oil Corporation Limited, India’ national oil company has been at the forefront of Country’s energy transition to clean fuels and reducing emissions from its process. IndianOil has recently announced its goals to achieve Net Zero Scope 1&2 emissions by 2046.

IndianOil’s mission to achieve Net-Zero by 2046 is guided by the Panchamrit Plan of Prime Minister Modi announced at COP 26 at Glasgow and PM Modi’s Mission LiFE, the theme of India Pavilion at COP 27, Sharm El-Sheikh.