Indian Oil Corporation (IOC) has in principle approved to set-up a 4 MW solar power project at Narimanam in Tamil Nadu. The objective is to generate green energy for captive consumption at IOC locations directly or through grid so as to reduce carbon footprint.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.