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SHRIKANT MADHAV VAIDYA
Indian Oil unit to raise $100 million loan from DBS in first GIFT dealIOC Global Capital Management IFSC Limited (IGCMIL), the wholly owned unit of Indian Oil, will use the funds to refinance the parent’s exis...
IOC lines up ₹2.4 lakh crore to achieve net-zero emissions targetIOC, which is the nation's largest refiner as well as fossil fuel retailer, also plans to invest about ₹1 lakh crore to expand its refining...
Indian Oil to invest $30 billion to achieve 2046 net-zero targetIndian Oil Corp, the nation's largest refiner and fossil fuel retailer, plans to spend $30 billion to achieve its net-zero operational emis...
Indian Oil chairman Shrikant Madhav Vaidya gets extensionThe government has granted Indian Oil chairman Shrikant Madhav Vaidya a rare tenure extension beyond his retirement that’s due at the end o...
India-Russia trade volume touches 38.4 billion USD in 2022This significant increase in trade turnover between Russia and India was noted during Igor Sechin, Chief Executive Officer of Rosneft Oil C...
NTPC, IOCL ink pact to set up renewable energy projects"The signing of this joint venture agreement between the two behemoths will enable NTPC Limited and IOCL to meet the government's clean ene...
Indian Oil, NTPC form JV for setting up of renewable energy-based power plant for refineriesIndianOil plans to meet the additional power requirement of its refineries using round-the-clock renewable energy to the tune of 650MW by D...
Indian Energy Exchange divests 4.93% equity stake to Indian OilIEX chairman and managing director SN Goel said that the move augurs well in the joint endeavour to build the gas market in India and is al...
Indian Oil Corp, NTPC in pact for renewable energy business"As a global energy major, environmental priority is being weaved into every business aspect of Indian Oil, and now, we intend to use green...
NTPC ties up with Indian Oil to collaborate in renewable energyThis is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country's commitment to achievi...
IOC to invest Rs 1 lakh cr to expand refining capacity: ChairmanTo cater to that demand surge, IOC is aggressively rolling out new projects. "These translate into refining capacity expansion of over 25 m...
Green energy will drive new capacity at IOC: Shrikant Madhav Vaidya, Chairman"We are investing in solar and wind energy in a big way. We have a 75MW operational wind energy project in Rajasthan. We are bidding for 25...
Lubricant blending plant of IOC inaugurated in KolkataPradhan was quoted as saying that the unit is strategically located near the port area and will have an annual throughput of one lakh kilol...
Saudi Aramco, Adnoc committed to $44 billion west coast refinery project: IOC Chairman"Both Adnoc and Saudi Aramco are still committed to the investments in the project," Indian Oil Corp (IOC) Chairman Shrikant Madhav Vaidya ...
Indian Oil is betting on plastics as it looks to diversify from a challenging fuel businessWhile there is consumer and government pressure across the world to reduce the use of plastics, processors in Asia are building or planning...
Shrikant Vaidya to be the next chairman of IOCVaidya is currently director finance at IOC. He would be taking over from the current Chairman Sanjiv Singh, who will retire from the posit...
India needs to double refining capacity by 2040 to meet fuel demand growthThe recent implementation of a goods and services tax and demonetization are unlikely to dent fuel demand in the longer term, said B. Anand...