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Latest News | After BPCL, IOC Announces Rights Issue

Get latest articles and stories on Latest News at LatestLY. Indian Oil Corporation (IOC), the nations top oil firm, plans to raise capital through rights issue of equity shares as part of a governments plan to infuse capital into three state-owned fuel retailers to fund their net zero carbon emission projects. Latest News | After BPCL, IOC Announces Rights Issue.
India General New Delhi Natural Gas Corporation Bharat Petroleum Corporation Ltd Hindustan Petroleum Corporation Ltd Fitch Ratings

ioc: After BPCL, IOC announces rights issue - The Economic Times

As part of its energy-transition goals, BPCL is also looking to expand its renewable power generation portfolio to 1GW by 2025 and 10GW by 2040, from 50MW currently. IOC is also looking to expand its renewable energy portfolio substantially from the current level of 238MW, and to install 10,000 electric vehicle charging stations in the next three years, from the 1,900 it has already.
India General Hindustan Petroleum Corporation Ltd Indian Oil Corporation Fitch Ratings Bharat Petroleum Corporation Ltd Natural Gas Corporation

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