Indian Oil Corp forms JV for green hydrogen


NEW DELHI: Indian Oil Corp, the country’s top refiner, Larsen & Toubro and Goldman Sachs-backed renewable energy producer ReNew Power will form a joint venture (JV) to develop the green hydrogen sector, helping India cut its carbon emissions.

The three companies have signed a binding term sheet to jointly develop green hydrogen projects, said a joint statement issued yesterday.

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green hydrogen , India , carbon emissions

   

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