New Delhi: Oil and Natural Gas Corporation Limited (ONGC) has signed a memorandum of understanding (MoU) with Greenko ZeroC Private Limited (Greenko), to jointly pursue opportunities in renewables, green hydrogen, green ammonia and other derivatives of green hydrogen.

The MoU has been signed by ONGC's Director (Onshore) Anurag Sharma and Greenko CEO & Managing Director Anil Kumar Chalamalasetty on Tuesday in New Delhi. On the occasion, Union Petroleum Minister Hardeep Singh Puri, Petroleum Secretary Pankaj Jain, ONGC CMD Dr Alka Mittal, ONGC Director (Finance) Pomila Jaspal and other senior officials from MoP&NG, ONGC and Greenko were also present. Greenko is one of India's leading renewable energy companies.

According to ONGC, this MoU is in line with the National Hydrogen Mission launched by Prime Minister in making India a global green hydrogen hub. The activities envisaged under this MoU will contribute towards India's target of producing of 5 million tonnes of green hydrogen per annum by 2030.

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