NTPC’s arm, OGL incorporate Joint Venture Company

18 Nov 2024 Evaluate

NTPC's wholly-owned subsidiary -- NTPC Green Energy (NGEL) and ONGC Green (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation, have incorporated 50:50 Joint Venture Company in name of ONGC NTPC GREEN (ONGPL), on November 18, 2024. 

ONGPL will be engaged in the business of exploring and setting up Renewable Energy (RE) projects and assets both through Greenfield development and acquisitions. ONGPL will also assess the feasibility and establishment of offshore wind projects, among other related activities.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.


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