News
Oil and Natural Gas Corporation (ONGC) plans to hold two rounds of auctions to select developers for its 1.2 GW greenfield renewable energy projects, according to The Economic Times. Each round will offer 600 MW, with the first auction set to take place in two months. ONGC aims to build a 10 GW green energy portfolio by 2030 through a combination of greenfield projects and acquisitions. The first tender will require bidders to handle the full development, while the second will focus on land and grid connectivity, with ONGC managing the rest.