Oil India (OIL) — Announcement

📢 Key Event
OIL signs MoU with MCD for CBG plant development in Delhi

💡 Investor Takeaway
This partnership strengthens OIL's sustainability profile and long-term growth potential through green energy expansion.

Oil India Limited announced a Memorandum of Understanding with the Municipal Corporation of Delhi to develop two compressed bio-gas plants using segregated organic municipal solid waste in Delhi, aiming to convert waste into renewable fuel and support national sustainability goals. The partnership aligns with government initiatives like Swachh Bharat and SATAT, enhancing OIL's waste-to-energy portfolio and contributing to environmental and circular economy objectives.

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About Oil India Limited (OIL)

Oil Gas & Consumable Fuels · Oil · Listed on NSE

Market Cap: ₹84,307.08 Cr P/E: 10.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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