ONGC's 1 Lakh Cr Net Zero Goal; How Other Oil Majors are Cutting Emissions I Details

A whopping 1 trillion rupees or one lakh crores is what Oil and Natural Gas Corporation has decided to spend on its planned green initiatives. This sum of money will help ONGC cut down its emissions to zero by 2038.ONGC’s chairman and managing director Arun Kumar Singh, said on Monday that the oil explorer has set an ambitious net-zero target and aims to cut both its Scope 1 and Scope 2 emissions.