ONGC Group General Manager and Head of New Energy- Renewable, Harsh Nupur Joshi said that the oil and gas giant plans to invest about Rs 80,000 crore to Rs 85,000 crore for the construction of two MTPA Green Ammonia capacity by 2035.

Harsh Nupur said that Green hydrogen and green ammonia is one of their key focus areas.

"We intend to build a capacity of about 2 million metric tonnes per annum of green ammonia by 2035 and we intend to do it in two phases. 1 mmtpa in phase one and then another 1 mmtpa in the next phase... of green ammonia you can say it is 180 ktpa of green hydrogen," he added.

He further said, "Around 1 mmtpa of green ammonia project cost would be about Rs 40,000 to Rs 42,000 crore so, it will be about Rs 80,000 crore to Rs 85,000 crore."

Nupur added that they are looking for a partner who have experience in handling such projects.

"The discussions are in a very advanced stage for forming an alliance… In another 3-4 months the alliance will be culminated and as far as the green hydrogen and green ammonia plants are concerned, they will be coming up by 2027," he said.