03/06/2024
Chairman interacts with CMD, Power Finance Corporation
Mr S M Vaidya, Chairman, IndianOil, had a fruitful interaction on matters of mutual interest with Ms Parminder Chopra, CMD, Power Finance Corporation Ltd (PFC), at Corporate Office in New Delhi. The meeting was held in the presence of Mr Anuj Jain, Director (Finance), IndianOil, Mr Rajiv Ranjan Jha, Director (Projects), PFC and other senior executives of PFC and IndianOil. Asserting IndianOil’s ‘Nation-First’ resolve, Chairman apprised Ms Chopra about IndianOil’s role and contribution for ensuring the energy security of the country, future expansion plans, along with the aspirational target of achieving Net-Zero operations by 2046. Talking of sustainability, Mr Vaidya shared about IndianOIl’s green initiatives including biofuels, fostering hydrogen mobility and emobility, creating battery charging & swapping infrastructure in the country. He also highlighted the various facets of infrastructure financing in the upcoming projects such as CBR and Paradip Naphtha Cracker project, among others.
