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ONGC Green Ltd

company 1 Deal 5 Partners

ONGC Green Ltd is a newly established subsidiary of India's Oil and Natural Gas Corporation (ONGC), incorporated in 2023. It focuses on developing and operating green energy projects, including renewable energy and green hydrogen, primarily within India, with a target of 10 GW renewable capacity by 2030.

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Founded 2023 Parent: Oil and Natural Gas Corporation (ONGC)
Renewable Energy DeveloperDeveloperOperator

Strategic Overview

  • Established as a key vehicle for ONGC's energy transition and decarbonization goals.
  • Focuses on strategic partnerships and MoUs to accelerate project development in renewable energy and green hydrogen.
  • Aims to achieve 10 GW of renewable energy capacity by 2030, indicating a significant growth trajectory in India's green energy sector.

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Investment Focus

Technologies
Solar1
Geography
India1

Key People

Pankaj Kumar
Chairman
Sushma Rawat
Director
Satish Kumar
Director

Track Record

1
Years Active

Detailed Analysis

Technologies
Solar PV (3 deals)Onshore Wind (2 deals)Green Hydrogen (2 deals)Battery Storage (1 deal)
Sectors
Energy TransitionUtilities
Geographies
India (4 deals)
Deal Stage
GreenfieldOperating

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