ONGC incorporates wholly owned subsidiary for green energy and gas biz | Capital Market News

ONGC incorporates wholly owned subsidiary for green energy and gas biz | Capital Market News

Oil and Natural Gas Corporation (ONGC) announced that it has incorporated a wholly owned subsidiary, ONGC Green, on 27 February 2024, with an authorized capital of Rs 100 crore and subscribed and paid up capital of Rs 1 crore.
ONGC Green engage into the business of value-chains of energy business viz. renewable energy (solar, wind, hybrid, hydel, tidal and geothermal etc.), bio-fuels/ bio-gas business, green hydrogen and its derivatives like green ammonia, green methanol, storage, carbon…
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Source: https://www.business-standard.com/amp/markets/capital-market-news/ongc-incorporates-wholly-owned-subsidiary-for-green-energy-and-gas-biz-124022800481_1.html