ONGC to make Green Hydrogen; inks MoU with India’s leading renewable energy Company Greenko Zero C.

July 27, 2022

Energy major Oil and Natural Gas Corporation Limited (ONGC) today signed a Memorandum of Understanding (MoU) with M/s Greenko ZeroC Private Limited (Greenko), to jointly pursue opportunities in Renewables, Green Hydrogen, Green Ammonia and other derivatives of green hydrogen.
The MoU, valid for two years, was inked in New Delhi by ONGC Director Onshore Shri Anurag Sharma and Greenko CEO & Managing Director Shri Anil Kumar Chalamalasetty.
Greenko is one of India’s leading renewable energy Companies.
This MoU is in line with the National Hydrogen Mission launched by Hon’ble Prime Minister in making India a global green hydrogen hub.
The activities envisaged under this MoU will contribute towards India’s target of producing of 5 million tonnes of green hydrogen per annum by 2030.
This MoU will also act as a stepping stone for ONGC to achieve renewable energy targets as per its Energy Strategy 2040.