Indian Army Partners with IOCL for Green and Sustainable Transport Solutions
In recent months, the Indian Army has taken big steps toward using environmentally friendly and sustainable transportation in its activities. A relationship with the Indian Oil Corporation Limited (IOCL), which was made official by signing a Memorandum of Understanding (MoU), is a big part of this project.
Details of the MoU and Partnership
Both the Army Chief, General Manoj Pande, and the Chairman of IOCL, Shrikant Madhav Vaidya, were there when the deal was finally signed. The main goal of this MoU is to encourage new ideas and use clean transportation methods. A real result of this relationship was that the Army got a hydrogen fuel cell bus at a special event. People are calling this partnership a big deal because it’s the start of a “mutually beneficial partnership.”
Previous Steps Towards Green Energy
This green transportation project is not the first time the Indian Army has tried to be more environmentally friendly. The Indian Army set a standard when it signed another MoU with the National Thermal Power Corporation Renewable Energy Ltd. on March 21, the previous year. According to the first deal, green hydrogen-based microgrid power plants will be put up along India’s northern borders. A 200-kilometer green hydrogen microgrid is being built as part of a pilot project at Chushul. This will provide clean energy 24 hours a day to troops stationed in difficult terrain and harsh weather.
Facts about Indian Oil Corporation Limited (IOCL):
- Indian Oil Corporation Limited (IOCL) was founded in 1959 and is India’s largest commercial oil company.
- IOCL ranks 151st on the Fortune Global 500 list as of 2020.
- The company operates 11 out of India’s 23 refineries.
- IOCL has an extensive network of over 47,800 customer touchpoints.
- In 2020, IOCL launched India’s first hydrogen-spiked compressed natural gas (HCNG) plant.
- IOCL is targeting the integration of 260 MW of renewable energy by 2024.
- IOCL introduced India’s first electric vehicle charging station in Nagpur in 2017.
- The company sponsors many sports, including cricket, hockey, and adventure sports.
- IOCL actively supports the Indian Olympic Association.
Month: Current Affairs - May, 2024
Category: Defence Current Affairs