Oil India Limited and Assam Power Generation Corporation Limited have come together to create a joint venture company named APGCL OIL GREEN POWER LIMITED. The purpose of this venture is to focus on planning, developing, constructing, owning, and operating renewable and green energy projects, which include solar, small hydro, wind, biomass, and hydrogen-based projects. The company will also delve into exploring, researching, and establishing green hydrogen infrastructure, covering production, storage, transportation, and distribution facilities. Additionally, the joint venture will engage in the research and development of green hydrogen technologies, with an emphasis on production through renewable energy sources, and advocating for the adoption of green hydrogen as an alternative energy source. Oil India Ltd has taken up a 49% shareholding in this initiative, with a total of 100,000 shares subscribed at Rs. 10 each. The collaboration between these two entities underscores a shared commitment to advancing sustainable energy solutions and fostering a greener future in the region.