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FX Daily Updates
India's ONGC eyes acquisition of 2.5-3 GW renewable energy projects, exec says
georgemiller
Publish Date: Wed, 24 Sep 2025, 06:29 AM

NEW DELHI, Sept 24 (Reuters) - India's Oil and Natural Gas Corp (ONGC.NS) , opens new tab hopes to acquire 2.5-3 gigawatt renewable energy projects by 2030, Executive Director Satyan Kumar said on Wednesday.
The company already has about 2.5 GW of renewable energy capacity, Kumar told reporters.
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ONGC is looking to import 3 million ton per year of liquefied natural gas under long-term deals and expects some contracts to be finalised in 12 months, he added.
https://www.reuters.com/sustainability/climate-energy/indias-ongc-eyes-acquisition-25-3-gw-renewable-energy-projects-exec-says-2025-09-24/