Oil India Limited (OIL) is making significant strides in renewable energy with the launch of its wholly-owned subsidiary, OIL Green Energy, dedicated to leading the company's green and alternative energy initiatives. This move signifies a major shift from traditional energy sources as OIL plans to invest Rs 25,000 crore by 2040 to expand its presence in renewable energy and decarbonisation technologies. The subsidiary will oversee projects in biofuels, green hydrogen, carbon capture, methanol, and geothermal energy, with the goal of having 12-15% of its energy from non-fossil fuel sources by 2040. OIL currently operates renewable energy projects in Rajasthan, Gujarat, and Assam, generating substantial revenue. A key highlight is the establishment of India's first AEM green hydrogen plant at its Jorhat facility, showcasing OIL's commitment to pioneering green technologies. Additionally, the company plans to set up 25 compressed biogas (CBG) plants across the country, further solidifying its position in the renewable energy sector. OIL's strategic focus on sustainability and innovation aligns with the evolving global energy landscape, positioning the company as a leader in the transition towards green energy solutions.