GAIL (India) is set to establish 26 Bio CNG plants within the next two to three years, collaborating with raw material suppliers and biogas producers as joint venture partners. The initiative, requiring an investment of up to Rs 1,300 crore, includes equity contributions of 30 percent from GAIL and its partners.
To facilitate this, GAIL has issued an expression of interest (EoI) across India, inviting companies meeting specific criteria to form joint ventures for sourcing raw materials such as paddy straw, municipal solid waste, and sugarcane press muds.
In a related development, GAIL plans to import ethane from ethane-rich countries, transporting it through its pipeline systems to key demand centres. The company has signed a tripartite memorandum of understanding (MoU) with Oil and Natural Gas Corporation (ONGC) and Shell Energy India for importing ethane and other hydrocarbons, and for developing the necessary evacuation infrastructure at Shell Energy Terminal, Hazira.
Tags: Bio CNG, GAIL, ONGC
Recent Posts
Port of Brisbane Unveils Vision 2060 to Drive Smarter, Cleaner, and More Connected Future
Wärtsilä to Deliver Hybrid Propulsion Systems for Vertom Group’s New Low-Emission Vessels
Latvian port receives electric Konecranes Gottwald Mobile Harbor Crane
Sustainable Ocean Economy Vital for Human Development, Says UNDP at UN Ocean Conference
Green Hydrogen Costs in India Could Drop by 40%, Says IEEFA-JMK Report
Cavotec Secures €1.55 Million Shore Power Contract for Port of Antwerp-Bruges
APM Terminals and SANY Marine sign landmark agreement to accelerate decarbonisation
The Port of Gothenburg takes big step towards shore power connection for container and car/RoRo vessels