ONGC eyes acquisition of 2.5-3 GW renewable energy projects, exec says

Oil and Natural Gas Corp (ONGC) aims to acquire 2.5-3 GW of renewable energy projects by 2030, adding to its existing 2.5 GW capacity, according to Executive Director Satyan Kumar. Furthermore, ONGC plans to import 3 million tons per year of lique...

By Reuters | Sep 24, 2025, 12.07 PM IST

India's Oil and Natural Gas Corp hopes to acquire 2.5-3 gigawatt renewable energy projects by 2030, Executive Director Satyan Kumar said on Wednesday.

The company already has about 2.5 GW of renewable energy capacity, Kumar told reporters.

ONGC is looking to import 3 million ton per year of liquefied natural gas under long-term deals and expects some contracts to be finalised in 12 months, he added.

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