ONGC aims for 3 GW renewable capacity by 2030
Author: PPD Team Date: September 26, 2025
Author: PPD Team Date: September 26, 2025
Oil and Natural Gas Corporation (ONGC) plans to expand its renewable energy portfolio to 2.5–3 gigawatts (GW) by 2030, Executive Director Satyan Kumar said on September 24, 2025. The company currently holds about 2.5 GW of renewable capacity.
Kumar also said ONGC intends to import 3 million tons of liquefied natural gas (LNG) per year under long-term agreements. Some of these contracts could be finalised within the next 12 months.
Earlier in 2025, a senior ONGC executive indicated that the company targets up to $11.5 billion in clean energy investments by 2030.
Author: PPD Team Date: October 24, 2024 Power Grid Corporation of India Limited (PGCIL) has received approval from its committee of directors to issue its 79th bond series (2024-25), which will raise up to Rs 50 billion through a private placement. The bond issuance has a base size of INR 10 billion, with a green shoe option allowing for an additional Rs 40 billion. These bonds are unsecured, non-convertible, non-cumulative, and taxable, with a 10-year…
Author: PPD Team Date: October 15, 2024 India has crossed a major milestone in its renewable energy journey, with the nation’s total renewable energy capacity reaching 201.45 GW as of October 10, 2024, according to the Central Electricity Authority (CEA). When including the 8,180 MW of nuclear power, non-fossil fuel-based energy now accounts for nearly half of India’s total installed electricity generation capacity, which stands at 452.69 GW. Solar power leads India’s renewable energy contributions,…
Author: PPD Team Date: May 6, 2025 Amplus Solar has rebranded as Gentari, marking a major step in its clean energy journey in India. This change reflects a unified brand identity and the consolidation of Gentari’s renewable energy business in the country. Gentari, a clean energy solutions company, acquired Amplus Solar in 2023. Amplus Solar had made significant contributions to Gentari’s commercial and industrial (C&I) portfolio. The integration combines Amplus Solar’s expertise in the C&I…
Author: PPD Team Date: August 20, 2025 NTPC Green Energy Limited has announced that 212.5 MW from the 1,255 MW Khavda-I solar photovoltaic project developed by NTPC Renewable Energy Limited has commenced commercial operations from 20 August 2025. The Khavda-I project is being developed under the CPSU Scheme Phase-II Tranche-III. The company further reported that 52.8 MW of wind capacity from a 100 MW hybrid project in Gujarat will be declared commercially operational with effect…
Author: PPD Team Date: April 22, 2025 The Central government inaugurated the 975 MW/1,300 MWp Rajasthan Grid-Connected Solar PV Power Project (Tranche IV) in Jaisalmer, Rajasthan, on April 17, 2025. The project has been developed by ReNew and is spread across multiple villages in Pokran and Bhaniyana tehsils. The project was awarded under SECI’s Tranche IV auction held in March 2021. ReNew Power won 600 MW capacity, while ACME Solar Holdings Limited secured 375 MW….
Author: PPD Team Date: July 1, 2025 NLC India Limited has received a Letter of Award (LoA) to set up 450 megawatts (MW) of Inter-State Transmission System (ISTS)-connected wind-solar hybrid projects in Rajasthan and Gujarat. The award was issued on June 27, 2025, under NTPC Limited’s hybrid tender NTPC-03. NLC had secured the capacity in March 2025 by quoting a tariff of Rs 3.35 per kilowatt-hour (kWh). A power purchase agreement (PPA) will be signed…