Indian Oil Board approves further investment in Terra Clean Limited
Indian Oil Corporation has approved an additional equity investment of Rs. 1,086 crore in its subsidiary Terra Clean Ltd. to develop 4.3 GW of new renewable energy capacity, expanding on the previously approved 1 GW. The move strengthens IOC's commitment to clean energy and supports its long-term sustainability goals. Terra Clean Ltd., established in May 2024, was initially incorporated with an investment of Rs. 13.04 billion. This strategic expansion aims to accelerate innovation and consolidate Indian Oil’s green energy initiatives.
IndianOil's board approves additional investment in Terra Clean Ltd (TeCL) to boost clean energy initiatives. Strengthening India's renewabl
















