India top fossil fuel firms invest in renewables
They are backing Modi's goal to build up alternatives to the most polluting forms of energy
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New Delhi
INDIA'S biggest energy companies are moving beyond their roots in fossil fuels to invest in renewables, backing Prime Minister Narendra Modi's goal to build up alternatives to the most polluting forms of energy.
Indian Oil Corp, a prominent refiner, along with Oil India Ltd, are working to build a one-gigawatt solar farm in Madhya Pradesh, according to the state agency responsible for implementing energy policy. The oil companies join India's largest conventional electricity generators such as NTPC Ltd and Tata Power Co, which are aiming to be the biggest players in clean energy.
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