Oil India Limited signed a Joint Venture Agreement (JVA) with Assam Power Generation Corporation Ltd. mainly responsible for maximizing energy generation to meet the energy demand and committed to achieve maximum renewable power generation in the state, on 8 of January, 2024 at Guwahati in order to boost India's efforts towards energy transition and for achieving OIL's target for net zero by 2040. OIL already established 188.1 MW of renewable energy plants across Rajasthan, Gujarat and Madhya Pradesh.