Oil Is Not Enough
New Delhi   26-Dec-2018

The No. 1 company on the Fortune India 500 list for the ninth time running, IndianOil, led by chairman, Mr. Sanjiv Singh, is transforming itself into a ‘complete energy’ firm by investing heavily in alternative fuels as challenges from e-vehicles and tighter emission norms grow.

Every Morning Mr. Sanjiv Singh starts his day with a cup of green tea and a 10 km walk, followed by a quick breakfast. The Indian Oil Corporation chairman doesn’t let anything come between him and his exercise regimen because that is what prepares him for a demanding day at work. The 58-year-old IIT-Roorkee graduate shows the same diligence in preparing IndianOil, the No. 1 company on the Fortune India 500 list for the ninth year running, for the future. Anticipating stricter emission standards, and a strong government focus on electric vehicles and alternative fuels, Mr. Singh is investing heavily in green technologies such as hydrogen fuel cells to make IndianOil a complete energy company. In an interview with Fortune India, Mr. Singh talks about his plans for transforming the company.

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