Indianoil L T And Renew To Form Jv For Development Of Green Hydrogen Business
GURUGRAM, India, April 3, 2022 /PRNewswire/ — In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”) (NASDAQ: RNW) (NASDAQ: RNWWW), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen sector in India....