ONGC to make green hydrogen; inks MoU with Greenko

Energy major Oil and Natural Gas Corporation Limited (ONGC) has signed a Memorandum of Understanding (MoU) with renewable energy company Greenko ZeroC (Greenko) to jointly pursue opportunities in renewables, green hydrogen, green ammonia and other derivatives of green hydrogen.

“This MoU is in line with the National Hydrogen Mission launched by Prime Minister in making India a global green hydrogen hub. The activities envisaged under this MoU will contribute towards India’s target of producing of 5 million tonnes of green hydrogen per annum by 2030,” an official statement issued by ONGC said.

The MoU, valid for two years, was inked on 26 July in New-Delhi by ONGC Director Onshore Anurag Sharma and Greenko CEO & Managing Director Anil Kumar Chalamalasetty, in the presence of Union Minister of Petroleum and Natural Gas & Urban Affairs Hardeep Singh Puri; Secretary (MoP&NG) Pankaj Jain; ONGC CMD Dr. Alka Mittal, along with ONGC Director (Finance) Pomila Jaspal, other senior officials from MoP&NG, ONGC and Greenko.