ONGC NTPC Green Limited (ONGPL) is set to acquire 100% stake in Ayana Renewable Power Private Limited for $2.3B. The company ...
Ayana Renewable Power has a 5-gigawatt portfolio of operational and under-construction projects and plans to build a 10-GW ...
While some international oil and gas majors are reducing their investments in renewable energy, ONGC is intensifying its ...
The deal marks ONGPL’s first major investment since its inception, and will accelerate India's renewable energy transition ...
The deal aligns with the broader vision of the JV's ultimate Parent Companies (ONGC and NTPC) to achieve their Net Zero ...
The company's joint venture with NTPC's green energy arm, ONGC NTPC Green Energy (ONGPL) has also signed share purchase ...
ONGC-NTPC Green Pvt Ltd's joint venture signed a $2.3 billion deal to acquire Ayana Renewable Power Pvt Ltd, marking their ...
The deal aligns with the broader vision of ONGC and NTPC to achieve net-zero targets by 2038 and 2050, respectively ...
This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector ...
ONGC wants to build a renewable energy portfolio of 10 gigawatts (GW) by 2030, while NTPC is looking at a renewable energy ...
The collaboration between ONGC and NTPC extends to the acquisition of Ayana Renewable Power, which operates solar and wind plants valued at $2.3bn, including debt. This JV successfully outbid JSW ...