State-run ONGC to establish India’s first geothermal field development project in Ladakh
- India’s first ever geothermal power project will be implemented by state-owned Oil and Natural Gas Corporation (ONGC) at Puga village of eastern Ladakh.
- The project, known as Geothermal Field Development Project, will be implemented in three phases and is planned to commission by the end of 2022.
- A tripartite agreement for this historic geothermal project was signed between Union Territory Administration Ladakh, Ladakh Autonomous Hill Development Council (LAHDC)-Leh and Oil and Natural Gas Corporation (ONGC) Energy Centre on February 08, 2021.
- Geothermal energy
- The Geothermal energy is an energy source that is stored in the form of heat beneath the earth’s surface.
- It is clean, renewable, sustainable, carbon-free, continuous, uninterrupted and environment-friendly.
- It is the only renewable energy available 24×7 to mankind not requiring storage and unaffected by day-night or seasonality variance.