In a bid to develop natural gas and renewable energy infrastructure in Uttarakhand, Indian Oil Corporation (IOC) has entered into memorandum of Understanding (MoU) with Uttarakhand Government and SIDCUL. The MoU will give the much-needed boost to socio-economic development in Uttarakhand.
Under the MoU, IndianOil and Uttarakhand government will jointly prepare an action plan on expanding natural gas and renewable energy infrastructure in Uttarakhand.
Earlier in June this year, a multi-day cloudburst centered on the North Indian state of Uttarakhand caused devastating floods and landslides in the country's worst natural disaster since the 2004 tsunami.
