The ONGC (Oil and Natural Gas Corporation) plans to invest approximately USD 10 billion in green hydrogen and ammonia projects by 2035.

In an interview with ET Energy World, ONGC's GM and Head of New Energy, Harsh Nupur Joshi, stated that the company aims to develop two green ammonia and green hydrogen projects. Each green ammonia plant has a production capacity of 1 MTPA.

Furthermore, the company intends to achieve a total capacity of about 2 MTPA of green ammonia by 2035. These two production facilities are expected to yield around 180 KTPA of green hydrogen. The project will be executed in two phases, with the production plants set to be operational by 2027.

Find Green hydrogen Projects and tenders in IndiaGet Started Now!

ONGC is currently in discussions with private players about the development of these plants. The company is seeking partners capable of providing renewable energy and pumped storage components.

To facilitate the energy transition, ONGC has outlined a comprehensive plan, including the establishment of a separate company dedicated to the green energy sector. The focus of ONGC's energy transition will primarily be on green hydrogen projects, carbon capture utilization and storage projects, and offshore wind energy.

About ONGC

The Oil and Natural Gas Corporation Limited (ONGC) is India's national oil and gas company. It is a Maharatna Public Sector Undertaking (PSU) under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. 

Founded in 1956, ONGC is India's largest exploration and production (E&P) company, contributing to around 70% of India's crude oil and around 84% of its natural gas production.

ONGC has a diverse portfolio of upcoming projects across various areas, including oil and gas exploration and production, renewables, and other initiatives. Here's a glimpse into some key projects:

Collaboration with NTPC

ONGC and NTPC, another Indian energy giant, have signed a Memorandum of Understanding (MoU) to collaborate on renewable energy projects. Additionally, NTPC is investing around USD 1 billion in the renewable energy sector.

Redevelopment of Mumbai High (South) Phase III

This massive project involves an investment of over USD 720 million and aims to significantly boost production from the giant offshore oil field. It includes drilling new wells, installing platforms, and upgrading existing infrastructure.

Discover the Latest Green Hydrogen (H2) Generation and Production Plant Projects with Ease

Are you looking for a platform that gives you reliable, high-quality, and timely project insights for the latest green hydrogen (H2) generation and production plant projects in India?

Discover the Global Project Tracking (GPT) platform by Blackridge Research, designed to provide you with the most recent updates regarding Green Hydrogen (H2) Generation/Production Plant Projects in India and faster across various stages of development:

• Upcoming projects
• Tender Notices
• Contract award announcements
• Projects in progress or under construction
• Successfully completed projects.

The user-friendly interface helps you obtain early-stage awareness of projects and find the right business opportunity quickly.

With its user-friendly interface, this platform empowers you to gain early-stage awareness of projects and swiftly identify the right business opportunities.

Each project will have all the essential details, such as scope, capacity, CapEx, status, project description, companies involved, funding information, location, periodic updates, important event dates like construction start date, commissioning dates, and key contact information of project owners and stakeholders.

Book a free demo to learn more about the Green Hydrogen (H2) Generation/Production Plant Projects and Tenders database and how we can help you achieve your goals.