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.
WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual
The list of benefits of the projects are
Geothermal Energy:
Important takeaways for all competitive exams:
Find More News Related to Agreements
As travelers seek inspiration for their next adventure, the world offers a plethora of stunning…
Himachal Pradesh, nestled in the lap of the majestic Himalayas, is a paradise for nature…
The Defence Research and Development Organisation (DRDO) has achieved a significant milestone in enhancing India's…
Zimbabwe has launched a new currency called the ZiG (short for Zimbabwe Gold) in an…
The Uttarakhand government has suspended the manufacturing licenses of 14 products from Patanjali Ayurved, founded…
The Reserve Bank of India (RBI) has revoked the license of Acemoney (India) Limited, a…