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ONGC NTPC Green

company 1 Deal 5 Partners

ONGC NTPC Green refers to the joint venture and collaborative efforts between India's Oil and Natural Gas Corporation (ONGC) and NTPC Limited in the renewable energy sector. This collaboration, primarily through their respective green energy subsidiaries, aims to develop and operate large-scale renewable energy projects, including solar, wind, and green hydrogen, primarily within India.

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Founded 2022 Parent: ONGC and NTPC
Renewable Energy DeveloperDeveloperOperatorInvestor

Strategic Overview

  • Leverages the strengths of two major Indian PSUs (ONGC in energy, NTPC in power generation) to accelerate India's energy transition.
  • Focuses on large-scale renewable energy projects, including emerging technologies like offshore wind and green hydrogen.
  • Aims to contribute significantly to India's ambitious renewable energy targets.

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Investment Focus

Technologies
Solar1
Geography
India1

Key People

Mohit Bhargava
CEO, NTPC Green Energy Limited
Gurdeep Singh
Chairman & MD, NTPC Limited (and Chairman, NTPC Green Energy Limited)
Arun Kumar Singh
Chairman & CEO, ONGC (and Chairman, ONGC Green Energy Limited)

Track Record

100
MW Total
2
Deals Completed
2
Years Active
Notable projects: 100 MW standalone renewable energy project in India

Detailed Analysis

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

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