ONGC, Greenko ink MoU for green hydrogen production
The memo is valid for two years.
India’s Oil and Natural Gas Corporation (ONGC) and M/s Greenko ZeroC Private Limited signed a memorandum of understanding (MoU) to pursue opportunities together in renewables, green ammonia, green hydrogen and its other derivatives.
In a statement, ONGC said the MoU, which is valid for two years, is in line with the government’s National Hydrogen Mission to make India a “global green hydrogen hub.”
The company added that activities expected under the memo will contribute to India’s target to produce five million tonnes of green hydrogen by 2030.
The MoU was signed by ONGC Director Onshore Shri Anurag Sharma and Greenko CEO and Managing Director Shri Anil Kumar Chalamalasetty.