ONGC announces ₹1,200 crore investment in green energy arm

Oil and Natural Gas Corporation (ONGC) saw its shares open higher on Tuesday, following a major announcement regarding a ₹1,200 crore investment in its green energy arm. The move aligns with the company’s long-term strategy to accelerate its transition to renewable energy and achieve net-zero emissions by 2038. Over the past year, ONGC shares saw a decline.