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GAIL inks MoU with Bloom Energy

23 Aug 2016 Evaluate

In order to develop natural gas-based fuel cell power generation, State-run GAIL (India) has signed a memorandum of understanding (MoU) with California-based Bloom Energy. This would be a technology which will have less pollution.

The new technology converts fuel into electricity through an electro-chemical process and the use of water is less too in this mode of power generation.

GAIL is India’s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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