Indian Oil Corp to set up R&D centre in Faridabad
CHANDIGARH: Union petroleum minister Dharmendra Pradhan and Haryana chief minister Manohar Lal Khattar on Monday digitally laid the foundation stone of Indian Oil Corporation’s (IOC) state-of-the-art research and development (R&D) centre to come up in Faridabad.
The centre, the second of its kind and spread across 60 acres, will be built at a cost of around ₹2,282 crore, an official spokesperson said. Pradhan said the R&D centre will emerge as a laboratory for an alternative, clean, and indigenous energy solution. He called it a big step towards realising the vision of Prime Minister Narendra Modi in making India self-reliant in all sectors, especially the energy. He urged the IOC to provide further impetus to waste-to-energy programmes in Haryana.