New Delhi [India], December 15 (ANI): ONGC Green presently has no concrete plans for a stock market listing, the parent company ONGC informed stock exchanges, in clarification after a media report on likely public listing of its subsidiary company.

However, any decision regarding a public listing remains for the future as and when decided by ONGC Board, the company informed stock exchanges late on Saturday.

Also Read | AIBE 19 Admit Card 2024 Released, Know Steps to Download Hall Tickets From allindiabarexamination.com.

ONGC Green Limited was incorporated on February 24, 2024.

The company is in the process of building a green energy portfolio.

Also Read | India Women vs West Indies Women Free Live Streaming Online, 1st T20I 2024: How to Watch IND-W vs WI-W Cricket Match Live Telecast on TV?.

Recently, the Maharatna companies NTPC and ONGC have collaborated to form a joint venture company through their green energy subsidiaries NTPC Green Energy Ltd and ONGC Green Energy Ltd to further promote their interest in renewables and new energy arena.

India meets a sizable portion of its energy needs through fossil fuels, and various renewable energy sources, are seen as an avenue to reduce the dependence on conventional sources of power. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)