{"id":352592,"date":"2020-05-22T10:40:46","date_gmt":"2020-05-22T05:10:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352592"},"modified":"2020-05-22T10:40:46","modified_gmt":"2020-05-22T05:10:46","slug":"ongc-ntpc-sign-pact-to-form-jv-for-renewable-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-ntpc-sign-pact-to-form-jv-for-renewable-energy\/","title":{"rendered":"ONGC, NTPC sign pact to form JV for renewable energy"},"content":{"rendered":"<p>MUMBAI: State run oil explorer ONGCNSE -1.88 % and power generator NTPCNSE -1.83 % have signed a pact to form a joint venture company for renewable energy.<\/p>\n<p>The two companies, both public sector &#8216;maharatnas,&#8217; signed a memorandum of understanding on Thursday for the JV which aims to enable both companies to achieve their targets in the renewable energy business.<\/p>\n<p>&#8220;As per the MoU, NTPC and ONGC will explore and set up renewable power assets including offshore wind, in India and overseas, and explore opportunities in the fields of sustainability, storage, E-mobility and environmental, social and governance compliant projects,&#8221; a statement from ONGC said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: State run oil explorer ONGCNSE -1.88 % and power generator NTPCNSE -1.83 % have signed a pact to form a joint venture company for renewable energy. The two companies, both public sector &#8216;maharatnas,&#8217; signed a memorandum of understanding on Thursday for the JV which aims to enable both companies to achieve their targets in the renewable energy business. &#8220;As per the MoU, NTPC and ONGC will explore and set up renewable power assets including offshore wind, in India and overseas, and explore opportunities in the fields of sustainability, storage, E-mobility and environmental, social and governance compliant projects,&#8221; a statement [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-352592","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=352592"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352592\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}