New Delhi: India’s energy major Oil and Natural Gas Corporation (ONGC) has appointed veteran energy executive Prashant Singh as the Chief Executive Officer of ONGC Green Limited, marking a significant leadership move in the company’s clean energy transition strategy.
The appointment comes as ONGC intensifies its focus on renewable energy, green hydrogen, and other low-carbon technologies as part of its long-term decarbonisation roadmap.
ONGC Green’s Ambitious Renewable Energy Expansion Plan
ONGC Green Limited is playing a central role in ONGC’s strategy to transform into a diversified energy company.
Under its expansion roadmap, the company aims to:
- Scale renewable energy capacity from around 2.5 GW to 10 GW by 2030
- Strengthen investments in solar, wind, and hybrid energy projects
- Expand its presence in green hydrogen and emerging clean energy technologies
This expansion aligns with India’s broader push toward energy transition and reduced carbon emissions across the power and industrial sectors.
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Prashant Singh’s Role and Experience
Prashant Singh brings over 30 years of experience in the oil and gas industry, with deep expertise in both traditional hydrocarbons and new energy systems.
Before becoming CEO of ONGC Green Limited, he served as:
- Head – New Energy (Hydrogen and CCUS) at ONGC
- Key architect of ONGC’s strategy in green hydrogen initiatives
- Leader in Carbon Capture, Utilisation and Storage (CCUS) development
He has also served on the boards of:
- Pawan Hans Limited
- Ayana Renewable Power Private Limited
His background combines operational leadership with governance and strategic planning across the energy sector.
Driving ONGC’s Net Zero Vision
A major part of Singh’s mandate will be to support ONGC’s long-term sustainability goals, including:
- Achieving Net Zero Scope 1 and Scope 2 emissions by 2038
- Accelerating the transition toward low-carbon energy systems
- Integrating renewable energy into ONGC’s core business portfolio
Industry experts believe his appointment strengthens ONGC Green’s leadership at a critical stage of rapid scale-up in clean energy investments.
Strategic Importance of the Appointment
The leadership change is seen as a key strategic move as ONGC transitions from a traditional oil and gas giant into a diversified energy enterprise.
Key expectations from the new leadership include:
- Faster execution of renewable energy projects
- Expansion into hydrogen and carbon management solutions
- Strengthening operational efficiency in clean energy ventures
- Aligning business growth with global decarbonisation trends
With increasing global pressure on energy companies to reduce emissions, ONGC’s renewable strategy is becoming a central pillar of its future growth model.
ONGC’s Broader Energy Transformation
ONGC is steadily repositioning itself from a hydrocarbon-focused company into an integrated energy player. The establishment and expansion of ONGC Green Limited reflects this strategic shift.
The company’s long-term vision includes:
- Diversification into renewable and alternative energy sources
- Building a strong presence in hydrogen and carbon capture technologies
- Supporting India’s energy security with sustainable solutions
This transition is expected to define ONGC’s growth trajectory over the coming decades as global energy systems move toward cleaner alternatives.
About ONGC
Oil and Natural Gas Corporation (ONGC) is India’s largest crude oil and natural gas company and a Maharatna public sector enterprise. It plays a critical role in the country’s energy security through exploration, production, and development of hydrocarbons. In recent years, ONGC has expanded its focus toward renewable energy and low-carbon technologies as part of its commitment to sustainability and net-zero goals.
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