ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), has signed a share purchase agreement (SPA) with PTC India Limited to acquire its 288.8 MW operational wind power projects. The projects, consisting of 157 wind turbine generators, are located across Andhra Pradesh, Madhya Pradesh, and Karnataka.
The power sector has long been the backbone of modern civilization, but the energy it produces has come at a significant environmental cost. Traditional energy sources like coal, oil, and natural gas—collectively known as fossil fuels—have been the primary culprits in emitting greenhouse gases (GHGs), particularly carbon dioxide (CO2). These gases trap heat in the Earth’s atmosphere, leading to what we now know as climate change. For decades, coal-fired power plants were the dominant players…
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