India’s top oil and gas producer Indian Oil Corporation (IOC) plans to invest over USD 25 bn to reach net-zero by 2046, Reuters notes IOC’s chairman as saying during an annual shareholders meeting on Thursday. IOC is looking at using renewables to power its planned refining capacity expansion and is also setting up green hydrogen plants at some of its refineries. India is one of the world’s biggest emitters of greenhouse gas, and is targeting net-zero emissions by 2070.

Also in India: Norway’s Climate Investment Fund and its biggest pension company, KLP, are collectively investing some USD 35 mn for a 49% stake in a 420 MW solar power project in India, CNBC reports. India is a “priority market” for Norway, the news outlet noted a statement from the Norwegian embassy in India as saying.

OTHER STORIES WORTH KNOWING from around the world-

• Nigeria signed an MoU with Israeli and Japanese companies to manufacture the West African nation’s first electric car, according to Nigeria’s news agency. The first electric vehicle is expected to come out by 2023.
• Ghana’s president Akufo-Addo has commissioned an integrated recycling and compost plant in the northern Savannah region, according to Zawya. The plan is expected to receive, sort, process and recycle municipal solid waste that can produce organic compost for agronomic purposes.
• South African renewables provider WiSolar is launching a hybrid prepaid solar electricity app for Nigeria and South Africa, according to a statement picked up by Renewable Energy Magazine. The app, WiGo, can be downloaded on both the Android and iOS stores for users in Nigeria and South Africa.