ONGC plans two crude oil to chemical projects

Oil and Natural Gas Corporation Limited (ONGC) is planning to set up two greenfield oil to chemical projects in the country for converting crude oil to high value chemical products. ONGC plans to explore opportunities in oil to chemicals, refining and petrochemicals. Besides, ONGC is likely to collaborate with entities to explore opportunities in oil to chemicals, refining and petrochemicals. It also aims to acquire 10 gigawatts of renewable energy generation by 2030. Moreover, it plans to invest Rs 1 trillion by 2030 to achieve its 2038 net zero goal for scope one and two emissions.