Two Indian energy giants form a joint venture to develop renewable energy projects, expanding into wind, solar, and storage.

Two major Indian energy companies, ONGC and NTPC, have formed a 50:50 joint venture called ONGC NTPC Green Private Limited to develop renewable energy projects. The venture aims to explore and establish greenfield projects and acquisitions in wind, solar, and offshore wind energy. It also plans to expand into energy storage, e-mobility, and ESG-compliant projects, boosting India's renewable energy capacity.

November 18, 2024
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