ONGC investing INR 1 lakh Cr to transform into low-carbon energy player

India's state-owned Oil and Natural Gas Corporation (ONGC) is to spend INR 1 Tn by 2030 to become a low-carbon energy company, with investments centred on renewables and green hydrogen. The company plans to increase its renewable energy portfolio to 10 GW by the end of the decade, while also exploring collaborations with leading players to exploit various low-carbon opportunities.