A memorandum of understanding has been signed between Energy Major Oil and Natural Gas Corporation Limited (ONGC) and M/S Greenko ZeroC Privated Limited (Greenko), to jointly pursue opportunities in Renewable, Green Hydrogen, Green Amonia and other derivatives of green hydrogen.
The MoU is valid for a period of two years and was inked in New Delhi.
ONGC aims to meet its objectives such as de-risking of portfolio against long-term disruptions and reducing carbon footprints by moving into renewable space.