ONGC and Greenko sign MoU to pursue renewables and green hydrogen

Jul 27,2022

Oil and Natural Gas Corporation Limited (ONGC) and M/s Greenko ZeroC Private Limited (Greenko) have signed a Memorandum of Understanding (MoU) to collaboratively pursue prospects in Renewables, Green Hydrogen, Green Ammonia, and other derivatives of green hydrogen.

The MoU, valid for two years, was signed in New-Delhi on 26 July 2022 by ONGC Director Onshore Shri Anurag Sharma and Greenko CEO & Managing Director Shri Anil Kumar Chalamalasetty, in the presence of Union Minister of Petroleum and Natural Gas & Urban Affairs Shri Hardeep Singh Puri, Secretary (MoP&NG) Shri Pankaj Jain, ONGC CMD Dr. Alka Mittal, along with ONGC Director (F Greenko is one of the most prominent renewable energy companies in India.

This MOU is in keeping with the Prime Minister’s National Hydrogen Mission to make India a global powerhouse for green hydrogen. The operations contemplated under this MOU will contribute to India’s goal of producing 5 million tons of green hydrogen annually by 2030.