Indian Oil to Increase Market Share in India's energy pie by 3.5% in Next 30 Years
Chairman highlighted the well-crafted blueprint, with an investment plan of about Rs. 2.4 trillion or USD 30 Billion.
Indian Oil Chairman S M Vaidya
New Delhi: At Indian Oil's 64th Annual General Meeting, S M Vaidya, Chairman, IOCL stated that Indian Oil committed to increasing the company's share in India's energy pie from the current 9% to 12.5% by 2050.
IOCL is well-aligned to ensure equitable energy access, promote sustainable transition, and become a 360-degree energy company, said Vaidya..
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IndianOil registered its highest-ever Revenue from Operations, at Rs. 9,34,953 Crore, and a net profit of Rs. 8,232 Crore, underscoring the spirit of winning against the odds.
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