The company is in the process of building a green energy portfolio. ONGC’s green energy arm recently formed a joint venture with NTPC Green – ONGC NTPC Green Private Limited (ONGPL).

ONGC NTPC Green Pvt Ltd (ONGPL) has completed acquisition of 100 per cent equity stake in Ayana Renewable Power for Rs 6,248.50 crore. ONGPL is a 50:50 joint venture of NTPC Green Energy Ltd (NGEL ...

According to reports, ONGC and NTPC Green Energy may jointly bid for Ayana Renewable or ONGC could go solo. JSW Neo Energy, Sekura Energy, Masdar, Macquarie, and Sembcorp are also in the running ...