Question: SECI is related to which of the following type of energy
a) Coal
b) Solar
c) Nuclear
d) None of these
Answer: (b)
Related Facts:-
- On 2 December 2021; ONGC and Solar Energy Corporation of India (SECI) has signed a MoU to realize its green energy objectives.
- The MoU was signed by ONGC CMD Subhash Kumar and SECI MD Suman Sharma on behalf of the two national energy companies in New Delhi.
- ONGC and SECI with this new agreement to collaborate and cooperate for undertaking renewable energy projects.
- These renewable energy projects will cover solar, wind, solar parks, EV value chain, green hydrogen, storage, etc.
- ONGC has a multipronged strategy to make its green energy portfolio richer and has plans to progressively move towards carbon neutrality.
- The company will achieve its goal by effective carbon management and adding Renewable Energy Capacity.
- Ms Suman Sharma MD, SECI expressed that company is happy to associate with ONGC in this path-breaking initiative.
- She said that present collaboration will open new avenues of sustainable development and promises to take India to new frontiers of technology and scale. We are dedicated towards fulfilling India’s climate commitments and look forward to a continuing partnership.
- ONGC, India’s leading oil & Gas Company, has been pursuing green energy agenda through various alternatives and renewable sources of energy.
- It has set a target of producing a minimum of 10 GW of renewable power by 2040 while continuing its focus on the core E&P business.
- ONGC is first non-American company to be a part of Global Methane Initiative (GMI).
- Through this program alone, ONGC could so far prevent approximately 20.48 MMSCM of methane gas leakages into the atmosphere.
- ONGC through its program with an environmental benefit of approximately 3 lac tons of CO2 Equivalent.
- ONGC Considers the strategic significance of CCUS technology towards transition to Net-Zero Emissions.
- Therefore it is partnering with IOC for setting up a CCUS project for Enhanced Oil Recovery (EOR) from depleted oil fields.
- The project will utilize CO2 captured from IOC’s Koyali refinery for injecting in to the depleted reservoirs of Gandhar oil field in Gujarat.
- ONGC is also considering India’s first 200-300 MW demonstration Wind offshore power project for which feasibility study is carried out jointly with NTPC ltd.
Links:-
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1777519