ENERGY SECURITY AND AFFORDABILITY ARE COMMITTED FOR TECHNOLOGICAL ADVANCEMENT
World is moving towards ensuring clean energy sources required for its citizens and the emerging countries are playing a vital role in this shift of the demand where justice is required under the supply chain, scaling, recycling and advancing the alternative chemistries where the government and the industries collectively taking cognisance of the demand and supply and benefits of the clean energy accessible to all. As eliminating hydrocarbons may not be possible, so required for the use of sustainable energy and contributing for the core business and the renewable space, more over, while there have been an aggressive push globally for the renewable energy to offset the negative impact of carbon emissions, the authority believe that the world can not solely depend upon renewable energy. The transition will be successful only if there is a healthy mix of all energy sources. Each country has its own requirements and challenges and they are bound to work around that, however all all forms of energy are need based requirements, long term commitments on the forms of fuel to be part of the energy sources, as the importing crude oil expensive, so biofuels came in required to aviation turbine fuel. As such Indian oil is contributing its refining capacity by 25 percent in the next two years and taking strides to make Indian oil a significant player in the field of green energy as per statement on the captioned subject by CMD, Indian oil they are moving from 4.3 million tonnes today to around 13 million tonnes by 2030.
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