ONGC is the largest oil and gas producer in India and is now swiftly scaling up its renewable capacity and aims to invest in multiple low-carbon projects. ONGC has 189 megawatts of electricity. The company is building a 5 GW solar energy project in Rajasthan and has laid down plans to set up offshore wind energy plants.
The company is also scouting for a partner to set up a 1 million tonnes per year green ammonia project. The company has aligned itself with India’s ambitious goals to “curtail carbon emissions by 1 billion tonnes and simultaneously reduce carbon intensity by 45% by 2030”.
Tags: Ammonia, carbon emissions, NetZero, ONGC
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