EKI Energy Services, a carbon credits developer and supplier, and Indian Oil Corp. Ltd (IndianOil), a state-owned oil and gas major in India, have collaborated to promote Surya Nutan, IndianOil’s innovative indoor solar cooking system. The two companies signed a Memorandum of Understanding (MoU) on the collaboration recently, which aims to advance sustainable energy solutions for communities.
IndianOil, the country’s largest fuel refiner and retailer, has a prominent presence across the entire hydrocarbon value chain. The Fortune 500 energy major has committed to go net zero by 2046 and is diversifying its portfolio to include alternative energy sources. Toward that objective, it has developed “Surya Nutan,” a stationary, rechargeable, and always kitchen-connected indoor cooking solution based on IndianOil’s patented technology.
Under the MoU, IndianOil will share the technology of “Surya Nutan” with EKI to enhance its production and distribution, supported by carbon finance. EKI will oversee the end-to-end management of ‘Surya Nutan’ encompassing manufacturing, marketing, installation, and the provision of after-sales services. This will be achieved by leveraging carbon finance, corporate social responsibility, or any other similar means.
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