Prozeal Green Energy Limited, a Gujarat-based renewable energy company, announced that it has received a Notification of Award (NOA) from Oil and Natural Gas Corporation Limited (ONGC), India’s crude oil and natural gas producer, for setting up 250 MW (±2%) of captive, ISTS-connected wind power projects anywhere in India on a Lump-Sum Turnkey (LSTK) basis.
The total contract value stands at ₹2,143.32 crore, covering the complete project lifecycle – supply, services, land arrangement, and comprehensive operation & maintenance for ten years.
The award was formally issued by ONGC’s Central Procurement Department, Delhi, on June 5, 2026, which also marks the effective date of commencement of the contract.
Contract Highlights
- Capacity: 250 MW (±2%) captive wind power, ISTS-connected
- Total contract value: ₹2,143.32 crore, inclusive of all taxes and duties
- Scope: End-to-end LSTK execution — design, engineering, supply of 50 wind electric generators (WEGs) with towers, nacelles, rotor blades; civil and electrical construction; internal and external power evacuation up to the CTU/Grid substation; erection, testing and commissioning; and grid interconnection
- Timeline: Commissioning within 30 months from the date of award
- O&M: One-year Defect Liability Period with free O&M, followed by a 10-year comprehensive Operation & Maintenance contract
- Counterparty: Project to be coordinated with ONGC Green Limited (OGL), ONGC’s wholly owned subsidiary.
About Prozeal Green Energy Limited
Founded in 2013, Prozeal Green Energy Limited is a Gujarat based renewable energy company engaged in end-to-end renewable energy solutions including Solar EPC, Independent Power Production (IPP), Wind-Solar Hybrid, Battery Energy Storage Systems (BESS), Green Hydrogen & Ammonia, and O&M services in India and has expanded in international markets like Nepal, Africa & Europe.
About ONGC
Oil and Natural Gas Corporation Limited (ONGC) is India’s largest crude oil and natural gas company, a Maharatna public sector enterprise contributing the majority of India’s domestic hydrocarbon production. Through its wholly owned subsidiary ONGC Green Limited (OGL), the company is investing in renewable energy, green hydrogen and decarbonisation initiatives as part of its energy transition strategy.
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