Indian Oil Corporation Limited — Important, 30-04-2025: Updates

Indian Oil Corporation Limited's Board has approved an additional equity investment of ₹1,086 crore in its wholly owned subsidiary, Terra Clean Limited, to establish an extra 4.3 GW of renewable energy capacity. This follows a prior investment of ₹1,303.75 crore for a 1 GW project. The ongoing commitment to enhancing its renewable energy portfolio supports the company's strategy for energy transition, potentially driving long-term growth and sustainability.