ONGC-NTPC green JV acquires Ayana in $2.3 billion deal

ONGC-NTPC Green Pvt Ltd's joint venture signed a $2.3 billion deal to acquire Ayana Renewable Power Pvt Ltd, marking their first strategic investment since 2024. The acquisition aligns with the net-zero vision of ONGC and NTPC, leveraging Ayana's extensive renewable portfolio for further expansion and growth.

Feb 13, 2025 - 21:00
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ONGC-NTPC green JV acquires Ayana in $2.3 billion deal
ONGC-NTPC Green Pvt Ltd's joint venture signed a $2.3 billion deal to acquire Ayana Renewable Power Pvt Ltd, marking their first strategic investment since 2024. The acquisition aligns with the net-zero vision of ONGC and NTPC, leveraging Ayana's extensive renewable portfolio for further expansion and growth.

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