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.
This story is from the December 14, 2024 edition of Financial Express Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 14, 2024 edition of Financial Express Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Film fest raises toast to women, Kerala hopes industry follows
WHEN SHE SET out to direct her first feature film, Adithya Baby had an army of university classmates as her cast and crew.
Maharashtra portfolios: CM keeps home; Pawar gets finance
MAHARASHTRA CHIEF MINISTER Devendra Fadnavis on Saturday allocated portfolios to his council of ministers, retaining the crucial Home department with him.
AAP rejects claims of nod to prosecute Kejriwal
AAM AADMI PARTY leaders in Delhi, including chief minister Atishi, on Saturday rejected claims that Lieutenant Governor VK Saxena has granted sanction to the Enforcement Directorate to prosecute party supremo Arvind Kejriwal in the alleged excise policy scam.
A 'second tree of life' could wreak havoc, scientists warn
Research on altering fundamental DNA, protein structures could lead to synthesis of lethal organisms
US shutdown averted, with funding bill rushed by Senate
Gets overwhelming approval in the House of 366-34
How to repair the planet? An answer hides in plain sight
What if we're looking at environmental problems the wrong way? What if we tackled them as a whole, instead of individually?
Big blows for the Constitution
Congress but Indira Gandhi apologized and vowed that Emergency would never be repeated. A commemoration of 75 years of adoption of the Constitution in Parliament.
Shame and hypocrisy
What really nauseated me about the shenanigans in Parliament last week was the hypocrisy.
Get informed on inflammation
We all know about anti-inflammatory diets, but do we know inflammation?
The 2025 gadget sneak preview
Gadgets and tech advancements to look out for in 2025
