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flag ONGC plans to expand its renewable energy capacity by 2.5–3 GW, investing up to $11.5 billion by 2030.

flag India’s state-owned ONGC plans to acquire 2.5 to 3 gigawatts of renewable energy projects, expanding its current 2.5 GW capacity as part of a strategy to reach 10 GW of renewables by 2030. flag The company will invest up to $11.5 billion in solar, wind, hydropower, biogas, green hydrogen, and ammonia, with annual clean energy spending at $115 million this fiscal year. flag Funding will come from oil and gas operations and new debt. flag ONGC also aims to finalize long-term contracts to import 3 million tons of liquefied natural gas annually within a year, reflecting its dual push into clean energy and natural gas amid global shifts in energy investment.

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