NSEPress Release4d ago · 17 Jul 2026, 06:35 pm

Press Release

Oil & Natural Gas Corporation Limited · ONGC

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Oil & Natural Gas Corporation Limited has completed two deep geothermal wells at Puga, marking a milestone in India's first demonstration-scale geothermal power project. The project aims to provide clean, dependable, and round-the-clock energy in Ladakh, supporting the region's socio-economic development and its aspiration to become a carbon-neutral region.

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Oil & Natural Gas Corporation Limited has informed the Exchange regarding a press release dated July 17, 2026, titled "Hon ble Lieutenant Governor of Ladakh Marks ONGC s Landmark Completion of Two Deep Geothermal Wells at Puga".

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Press Release Hon’ble Lieutenant Governor of Ladakh Marks ONGC’s Landmark Completion of Two Deep Geothermal Wells at Puga Puga, 17 July 2026 Hon’ble Lieutenant Governor of the Union Territory of Ladakh Shri Vinai Kumar Saxena unveiled a commemorative plaque at the Puga Geothermal Project site, marking the successful completion of geothermal wells GT#02 and GT#03 by ONGC Energy Centre. The milestone advances the development of India’s first demonstration- scale geothermal power project at Puga and opens new possibilities for clean, dependable and round-the-clock energy in Ladakh. The project shall help strengthen energy access in remote areas, reduce dependence on conventional fuels and support reliable power availability during the region’s severe winters. Beyond electricity generation, geothermal energy has the potential to support space heating, greenhouse cultivation, year-round agriculture, food processing, geotourism and sustainable livelihoods. These applications could contribute significantly to Ladakh’s socio-economic development and its aspiration to emerge as a carbon-neutral region. At the national level, the project strengthens India’s clean-energy portfolio, advances technological self-reliance and supports the country’s long-term energy-security and Net Zero objectives. The initiative is being advanced jointly by ONGC Energy Centre, the UT Administration of Ladakh and LAHDC-Leh under a five-year collaboration renewed in June 2026. The occasion was attended by Administrative Secretary Shri Himanshu Gupta, IAS; Secretary to the Hon’ble Lieutenant Governor Ms Shashanka Ala, IAS; Deputy Commissioner, Changthang, Shri Nitish Rajora; and Superintendent of Police, Changthang, Shri Abbas Jaffari. The Hon’ble Lieutenant Governor highlighted the project’s national and regional significance and commended the ONGC Energy Centre team. Representing ONGC, Director (Technology and Field Services) Shri Vikram Saxena said the achievement reaffirmed ONGC’s commitment to innovation, energy security and a sustainable future for Ladakh and India. Issued by: Oil and Natural Gas Corporation Limited Corporate Communications, New Delhi Phone: +91-11-26754013 Email: ongcdelhicc@ongc.co.in