{"id":352624,"date":"2020-05-22T11:03:48","date_gmt":"2020-05-22T05:33:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352624"},"modified":"2020-05-22T11:03:48","modified_gmt":"2020-05-22T05:33:48","slug":"ongc-ntpc-sign-mou-to-set-up-joint-venture-for-renewable-energy-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-ntpc-sign-mou-to-set-up-joint-venture-for-renewable-energy-business\/","title":{"rendered":"ONGC, NTPC sign MOU to set up joint venture for renewable energy business"},"content":{"rendered":"<p>India\u2019s top oil and gas producer ONGC and country\u2019s biggest electricity generator NTPC have signed a preliminary agreement to set up a joint venture company for renewable energy projects. Oil and Natural Gas Corp (ONGC) and NTPC Ltd \u201centered into a memorandum of understanding (MoU) on May 21, 2020 in New Delhi to formalize this arrangement,\u201d ONGC said in a statement.<\/p>\n<p>The MoU will enable both companies to achieve their respective targets in renewable energy business. \u201cAs 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 ESG (Environmental, Social and Governance) compliant projects,\u201d the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s top oil and gas producer ONGC and country\u2019s biggest electricity generator NTPC have signed a preliminary agreement to set up a joint venture company for renewable energy projects. Oil and Natural Gas Corp (ONGC) and NTPC Ltd \u201centered into a memorandum of understanding (MoU) on May 21, 2020 in New Delhi to formalize this arrangement,\u201d ONGC said in a statement. The MoU will enable both companies to achieve their respective targets in renewable energy business. \u201cAs per the MoU, NTPC and ONGC will explore and set up renewable power assets including offshore wind, in India and overseas, and explore [&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":[130,240,138],"tags":[],"class_list":["post-352624","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352624","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=352624"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352624\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}