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India completes 1st deep geothermal wells in Ladakh's Puga Valley

India completed its first deep geothermal wells in Ladakh's Puga Valley, drilling two 1,000-metre boreholes that reached 135°C and will power a pilot 1MW geothermal plant at over 14,000 feet elevation. The project, led by ONGC Energy Centre under a five-year agreement, represents India's first operational geothermal power generation and a step toward Ladakh's carbon-neutrality targets.

This Wire brief sits within Fusion42's coverage of Climate Tech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.

The Wire takeaway

India just proved geothermal works at scale in high-altitude, seismically active terrain—that's a supply-chain opening for drill engineering, thermal materials, and subsurface mapping tech. If you build any of those, ONGC and state energy boards across the Himalayas are now a customer.

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Topics: Climate Tech · geothermal · renewable-energy · india-climate · ladakh · deeptech-energy

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Verified 18 July 2026 · Sources: Fusion42 review

India completes 1st deep geothermal wells in Ladakh's… | Fusion42