ONGC, partners to splash USD 6.2 billion on green energy projects

India’s top oil explorer ONGC and its partners will invest USD 6.2 billion (Rs 50,000 crore) in green energy projects to produce carbon-free hydrogen and green ammonia as part of an ambitious decarbonization drive, officials said. State-owned Oil and Natural Gas Corporation (ONGC) has signed a pact with Greenko, one of India’s largest renewable energy companies, to form a 50:50 joint venture for green energy projects. ONGC, ONGC green energy projects, renewable energy, green hydrogen,

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