ONGC inks MoU with Greenko for green hydrogen, derivatives

28 Jul 2022 CW Team

The Oil and Natural Gas Corp (ONGC) has signed a memorandum of understanding with Greenko ZeroC Pvt Ltd to jointly pursue opportunities in renewable energy, green hydrogen, green ammonia, and other derivatives of green hydrogen. Greenko is one of India’s leading renewable energy companies.

The MoU, valid for two years, was inked in New Delhi by ONGC director onshore Anurag Sharma and Greenko chief executive and managing director Anil Kumar Chalamalasetty. It is in line with the government’s National Hydrogen Mission, aimed at making India a global green hydrogen hub, the companies said in a press statement.

The activities envisaged under the MoU will contribute toward India’s target of producing 5 million tonnes of green hydrogen per annum by 2030. It will also act as a stepping stone for ONGC to achieve renewable energy targets as per its Energy Strategy 2040. ONGC said as the share of renewables in the energy mix is rising, driven by cost competitiveness, climate change awareness and a strong regulatory push, ONGC aims to meet objectives such as de-risking its portfolio against long term disruptions and reducing carbon footprint by moving into the renewables space.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..