From the swearing-in of India’s new Chief Justice to major corporate earnings reports and the cancellation of a cricket tournament in Pakistan-administered Kashmir, this week was packed with significant developments across various sectors. Read on for a comprehensive overview.
Oil and Natural Gas Corp (ONGC) is all set to commence a new drilling initiative in June for India’s first geothermal venture in Ladakh. The project aims to establish a sustainable source for emission-free electricity, space heating, and irrigation in challenging landscapes. If the project progresses smoothly, a power plant with a minimum capacity of 1 MW will be established by the following year. ONGC is receiving guidance from consultants based in Iceland, a nation that relies on geothermal energy for two-thirds of its primary energy needs.
