Power Grid and ONGC Join Forces for Green Hydrogen and Clean Energy Initiatives
Key Ideas
- Power Grid Corporation of India Limited and ONGC have signed an MoU to work together on Green Hydrogen and clean energy projects, aiming to support India's Energy Transition.
- The collaboration will leverage the strengths of both organizations to explore new business opportunities in the renewable energy sector.
- Power Grid's advanced technological tools and techniques, including automation and digital solutions, have enabled the company to maintain high transmission system availability of over 99.80 percent.
- The partnership between Power Grid and ONGC signifies a strategic step towards promoting sustainable energy initiatives and addressing environmental concerns in India.
Maharatna Power PSU Power Grid Corporation of India Limited (Power Grid) has signed a Memorandum of Understanding (MoU) with ONGC to collaborate on Green Hydrogen and clean energy projects. The aim of this collaboration is to combine the strengths of both organizations to explore new business opportunities and support India's Energy Transition. The MoU was signed in the presence of senior officials from Power Grid and ONGC. Power Grid, as of November 30, has successfully commissioned and is operating 280 Sub-stations, over 1,78,975 ckm transmission lines, and 5,45,961 MVA of transformation capacity. Through the adoption of the latest technological tools, automation, and digital solutions, Power Grid has been able to maintain an average transmission system availability of more than 99.80 percent. This partnership showcases a strategic move towards promoting sustainable energy initiatives and addressing environmental concerns in India.
Topics
Green Hydrogen
Renewable Energy
Technology
Energy Transition
Collaboration
Business Opportunities
Public Sector
Automation
Digital Solutions
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