India's state-owned Oil and Natural Gas Corporation (ONGC) has announced an ambitious plan to invest around Rs 2 lakh crore in renewable energy sites and green hydrogen plants to achieve its net-zero carbon emission goal by 2038. ONGC, a major player in India's energy sector, aims to reduce its carbon footprint while continuing to meet the country's energy demands. The company released a detailed roadmap outlining investments in clean energy projects, including setting up 5 gigawatts of renewable energy capacity, green hydrogen, biogas, pump storage plants, and offshore wind projects. These initiatives are expected to help ONGC offset 9 million tonnes of carbon emissions it is responsible for by 2038. Additionally, the firm plans to invest in cutting gas flaring to zero by 2030 through technological advancements. ONGC also intends to set up solar parks, onshore wind capacity, and green hydrogen and green ammonia projects in the coming years. The company will continue its oil and gas production activities while expanding its clean energy portfolio, showcasing a commitment to sustainability and environmental responsibility.