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Page 13 - Ranjit Rath News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil India to invest INR 25,000 cr in net-zero push by 2040: CMD Ranjit Rath, ET Auto

Oil India: The ambitious plan aligns with India’s national vision for energy self-reliance and comes as the company reported record highs in profits and production for FY 2022-23.

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Oil India gains on plans to invest Rs 25,000 crore to achieve net zero goal

The company intends to invest Rs 8,000 crore out of Rs 25,000 crore for setting up a 2G ethanol plant. This will be apart from the capital needed from transitioning its diesel-fired engines to those of gas, Oil India chief Rath said.

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Oil India Seeks Ways To Bring Home $150 Million Payout From Russia

Oil India Seeks Ways To Bring Home $150 Million Payout From Russia
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

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oil india: Oil India already received 80% of initial investment in Russia as part of dividend: Chairman

"Economic sanctions against Russia have resulted in approximately $150 million of Oil India s money being held in one of State Bank of India s branches in Moscow. It is only a matter of time before the funds are repatriated. Oil India plans to invest around Rs 7,500 crore in exploration, development, and production this year."

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Oil India Ltd: Indian oil firms explore using stranded USD 600 million to buy Russian oil, ET Auto

Oil India Ltd: One option being explored is loaning the money to entities buying oil from Russia, who would then repay the loan in India. Indian state oil firms have invested USD 5.46 billion in buying stakes in four different assets in Russia, making Russia the top crude oil supplier to India.

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