IOC Indian Oil Corporation Ltd Expansion Plans Announcement 2023 - Formation of Joint Venture Companies for CBG Projects Indian Oil Corporation Ltd. has approved the formation of two 50:50 joint venture companies in India for setting up Compressed Biogas (CBG) plants with EverEnviro Resource Management Pvt. Ltd. and GPS Renewables Pvt. Ltd..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for Indian Oil Corporation Ltd