The Oil and Natural Gas Corporation (ONGC) in India has announced a significant investment of about Rs2 lakh crore towards renewable energy projects and green hydrogen plants in alignment with its 2038 net-zero carbon emission target. ONGC, a key player in India's oil and gas sector, aims to diversify its portfolio by focusing on clean energy initiatives while continuing to cater to the country's energy requirements. The company's detailed plan, outlined in a 200-page document, highlights the deployment of 5 gigawatts of renewable energy capacity, green hydrogen production, biogas projects, pump storage facilities, and offshore wind ventures by 2030. Subsequent investments totaling Rs65,500 crore by 2035 will largely fund green hydrogen and green ammonia plants, with an additional Rs38,000 crore earmarked for offshore wind projects by 2038. These ventures are designed to mitigate 9 million tonnes of carbon emissions, encompassing both direct emissions (Scope-1) and indirect emissions (Scope-2). ONGC's comprehensive strategy underscores its dedication towards sustainability and environmental responsibility, demonstrating a dual focus on reducing carbon footprint while meeting the nation's energy demands.