Corporate News     04-Oct-24
GAIL (India) signs MoU with AM Green
To develop renewable projects in India and support reduction in carbon footprint
GAIL (India) and AM Green B.V. (AMG) today signed a Memorandum of Understanding (MoU) to explore projects aimed at advancing sustainable energy solutions in India. The partnership focuses on the long-term supply of carbon dioxide (CO2) for eMethanol production and the exploration of hybrid renewable energy project across India.

In line with the MoU, both the parties envisage to undertake studies for long-term supply of around 350 KTA CO2 generated by GAIL in its gas processing plants to produce eMethanol, an environmentally friendly fuel that can reduce carbon emissions and promote a circular economy. GAIL shall also have an equity option to invest in the proposed eMethanol project, ensuring a strategic partnership that supports both companies' objectives in promoting sustainable energy solutions. Further, both the parties envision to jointly explore setting up of solar/wind hybrid renewable projects up to 2.5 GW across India. The hybrid solar/wind projects combined with Greenko's upcoming Pump Storage Projects are poised to supply Round The Clock power to the end users including the proposed eMethanol project.

Previous News
  GAIL (India) consolidated net profit declines 25.57% in the June 2025 quarter
 ( Results - Announcements 29-Jul-25   07:34 )
  GAIL (India) to hold board meeting
 ( Corporate News - 06-May-25   15:26 )
  GAIL (India) signs long term charter party agreement for LNG carrier 'Energy Fidelity'
 ( Corporate News - 07-Apr-26   20:05 )
  GAIL (India) consolidated net profit rises 85.84% in the September 2023 quarter
 ( Results - Announcements 31-Oct-23   15:53 )
  GAIL (India) Ltd gains for fifth session
 ( Hot Pursuit - 07-Apr-26   13:00 )
  GAIL set to commission Mumbai-Nagpur-Jharsuguda pipeline project by end Dec'25
 ( Corporate News - 25-Sep-25   13:21 )
  GAIL (India) board OKs $64 mln funding for US arm; delays pipeline projects
 ( Hot Pursuit - 26-Mar-26   09:52 )
  GAIL (India) fixes record date for interim dividend
 ( Market Beat - Reports 30-Jan-25   14:20 )
  GAIL (India) consolidated net profit rises 77.63% in the June 2024 quarter
 ( Results - Announcements 30-Jul-24   18:46 )
  GAIL (India) to conduct board meeting
 ( Corporate News - 23-Jan-26   14:48 )
  GAIL (India) enters into 14-year charter for newly built LNG carrier
 ( Corporate News - 17-May-24   10:04 )
Other Stories
  Life Insurance Corporation of India approves bonus issue of 1:1
  14-Apr-26   13:55
  CG Power & Industrial Solutions announces change in senior management
  14-Apr-26   13:48
  Larsen & Toubro completes acquisition of International Green Scapes
  14-Apr-26   13:45
  Godrej Industries Group announces leadership change
  13-Apr-26   19:25
  Arisinfra Solutions signs MoU with Capacite Infraprojects
  13-Apr-26   19:18
  City Union Bank opens six new branches
  13-Apr-26   19:12
  ICICI Bank board to consider fund raising via debt securities issuance
  13-Apr-26   17:46
  Hindustan Zinc wins bid for Jhandawali – Satipura Amalgamated Potash and Halite Block of Rajasthan
  13-Apr-26   17:43
  Goldiam International opens new ORIGEM store in Malad West, Mumbai
  13-Apr-26   17:41
  Alkem Laboratories incorporates WoS in Dubai
  13-Apr-26   17:38
Back Top