ONGC awards approx. Rs 2000cr contract to IPO-bound Prozeal Green Energy

IPO bound Prozeal Green Energy Limited has received a Notification of Award (NOA) from Oil and Natural Gas Corporation Limited (ONGC) to set up 250 MW of captive, ISTS-connected wind power projects in India with a contract value of more than ₹2,000 crore.

For one of the nation’s energy giants to entrust Prozeal with its captive renewable ambitions is a powerful endorsement of the company’s engineering depth, execution capability, and the trust it has built across the sector.

The mandate marks Prozeal’s entry into utility-scale wind energy and includes end-to-end project execution along with a 10-year comprehensive O&M contract.