-1.05 (-0.42%) Oil and Natural Gas Corporation (ONGC to tap non-conventional sources to achieve energy security and will invest Rs 500 crore on research and development in the areas of non-conventional energy. ONGC has also set up a 150 Mw wind power plant and the company has recently approved setting up of another 100 Mw wind energy plant.
ONGC has ventured into exploration of shale gas reserves. It is also engaged in tapping non-conventional energy sources like solar, thermal energy, LED (light emitting diode) and fuel cells that emits less carbon.crackcrack