ONGC plans to map Geothermal Energy sources in India

06 Jul 2023 CW Team

Oil and Natural Gas Corporation (ONGC) is preparing to map India's geothermal energy sources, which have a potential capacity of 10 GW. In addition, the company is arranging the airlifting of drilling equipment to the Ladakh valley to resume the pilot project at the Puga site.

The exact capacity, production, and flow information will be determined through drilling and will be used to effectively harness this clean and sustainable energy source. Initial studies have indicated the presence of abundant geothermal sources in Ladakh, Himachal Pradesh, Gujarat (Cambay Basin and Ankleshwar), Andhra Pradesh (Kowthalam), and Chhattisgarh. The focus will primarily be on Ladakh, followed by Gujarat, and later on the southern regions.

Last month, ONGC signed an agreement with Iceland GeoSurvey (ISOR) to collaborate on the exploration and development of geothermal energy in India, building upon their alignment on the Ladakh project established last year.

The Geological Survey of India (GSI) and the Ministry of New and Renewable Energy (MNRE) have conducted the initial survey.

Geothermal energy is a clean and sustainable source that is available continuously, 24x7.

Once the pilot project is successfully proven, the intention is to scale it up for commercial use.

The drilling work is scheduled to commence this year, and ONGC expects to operationalise a one MW pilot project by next year. Additionally, the second phase of drilling will begin at Chumathang, and if the two reservoirs can be interconnected, it will enable the installation of a 100 MW power plant.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..