ONGC to undertake India’s first geothermal field development project in Ladakh

NEW DELHI: ONGC NSE 3.31 % plans to undertake India’s first geothermal field development project in Ladakh with an aim to generate a new green energy source for the union territory.

The company signed a preliminary agreement with the union territory for this, a first step towards creating a carbon-neutral Ladakh, the company said in a statement.