ONGC plans to set up Rs650cr windpower project in Rajasthan : Financial Express, New Delhi

State-run Oil and Natural Gas Corp (ONGC) is planning to set up a Rs 650-crore wind power project in Rajasthan and solar power projects in Gujarat and Rajasthan, minister of state for petroleum and natural gas Jitin Prasada told Lok Sabha on Thursday .

“ONGC proposes to set up 102-mw capacity wind power project in Rajasthan at an estimated cost of Rs650 crore,” the minister said, adding that the average annual generation would be in the range of 200-210 million units. One unit is equal to one kilowatt hour.

ONGC is also examining the feasibility of settingupa501-mwgrid connected solar power photovoltaic (PV) project in Gujarat and Rajasthan and some of its own installations.

“No time limit has been fixed to finalise the project. However, it would be ONGC’s endeavour to finalise the project at the earliest,” he said. To a separate question, Prasada said ONGC recently approved development of Cluster-7 and WO-Cluster oil and gas fields in the western offshore.

The minister said ONGC’s overseas arm OVL is exploring the possibility of bidding for some of British Petroleum’s assets jointly with Petro Vietnam. He added the Bharat Oman Refineries in Madhya Pradesh is expected to begin commercial production in the third quarter of this fiscal.