The state-owned Oil and Natural Gas Corporation (ONGC) of India has unveiled an ambitious plan to invest around ₹2 lakh crore in renewable energy projects and green initiatives to achieve net-zero carbon emissions by 2038. This move comes as part of the company's commitment to sustainability and aligns with the global shift towards cleaner energy sources. ONGC's roadmap includes setting up 5 gigawatts of renewable energy capacity by 2030, focusing on green hydrogen, biogas, pump storage plants, and offshore wind projects. By 2035, the company plans to further invest in green hydrogen and ammonia initiatives, with a target to offset 9 million tonnes of carbon emissions. The company also aims to eliminate gas flaring by 2030 through technological advancements, pledging ₹5,000 crore towards this endeavor. Investments in 5 GW solar parks, wind energy projects, and offshore wind turbines are part of ONGC's strategy to diversify its energy portfolio. Furthermore, ONGC plans to venture into green hydrogen and ammonia production, with investments totaling ₹80,000 crore by 2035. The company's commitment extends to offshore wind energy projects and pump storage plants to ensure a sustainable energy mix for the future. By embracing clean energy projects while continuing its oil and gas production, ONGC is showcasing a balanced approach towards energy transition. The focus on reducing carbon emissions, investing in renewable energy sources, and adopting innovative technologies reflects the company's positive stance on environmental sustainability and decarbonization efforts.