STATE-RUN ONGC is likely to come out with an initial public offering (IPO) for its green energy subsidiary, ONGC Green in the next financial year 2025-26, according to the company's Director (Exploration), Sushma Rawat.
"That (IPO for ONGC Green) will not take too long but I think some homework needs to be done," Rawat told FE.
The company has been diversifying into renewable energy, including solar, wind, and green hydrogen, given the country's target of achieving net zero by 2070.
The firm aims to curtail carbon emissions by 1 billion tonne and simultaneously reduce carbon intensity by 45% by 2030.
هذه القصة مأخوذة من طبعة December 14, 2024 من Financial Express Lucknow.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 14, 2024 من Financial Express Lucknow.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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