ONGC emerges as the highest bidder to purchase PTC’s wind power division for Rs 925 crore.
Oil and Natural Gas Corporation (ONGC) has emerged as the winner in the bidding process to acquire PTC India Ltd’s wind power unit for a staggering amount of Rs 925 crore. ONGC, the leading oil and gas producer in India, is strategically expanding its renewable energy portfolio to supplement its fossil fuel business. According to…