ONGC ties up with Greenko for green hydrogen foray

NEW DELHI: State-run ONGC is planning a three way partnership with Hyderabad-based renewables main Greenko group for foraying into the inexperienced hydrogen and inexperienced hydrogen derivatives market.
The three way partnership will develop a inexperienced ammonia manufacturing and storage facility for export objective. The ability may have a capability to provide a million tonne every year of inexperienced ammonia by means of a 1.3 gigawatts (GW) inexperienced hydrogen plant, leveraging Greenko’s unique partnership with John Cockerill.
The challenge will want about 6 GW of photo voltaic and wind energy coupled with Greenko’s pumped-hydro power storage platform to generate 1.4 GW of round the clock renewable energy, the businesses stated in a joint assertion.