ONGC Green Eyes M&A Route For 1 GW Capacity In FY26

Total investments for acquisition of 1 GW capacity, including debt and equity, will be close to Rs 7,000 crore, says the CFO.

Vikas Srivastava

18 Mar 2025, 05:09 PM IST i

<div class="paragraphs"><p> ONGC Green Ltd., the renewable energy arm of Oil & Natural Gas Corp., plans to accelerate its capacity development through inorganic means in the next financial year (Image: Envato)</p></div>

ONGC Green Ltd., the renewable energy arm of Oil & Natural Gas Corp., plans to accelerate its capacity development through inorganic means in the next financial year (Image: Envato)

ONGC Green Ltd., the renewable energy arm of Oil & Natural Gas Corp., plans to accelerate its capacity development through inorganic means in the next financial year, aligning with its 2030 target of achieving a capacity of 10 gigawatts Recognising the importance of organic growth, the company also intends to float tenders for 1,200 MW solar and battery energy storage projects in April to bolster its renewable energy portfolio.Consid...