GAIL (India) has opened its 4th round of applications for Solicitation of Investment Proposals from Start-Ups operating in the area of renewable and alternate energy sources like Compressed Bio Gas production.
Considering the vast biomass resources in the country and Government's special emphasis on its gainful utilization, GAIL plans to invest in Start-Ups operating in this high growth area. GAIL’s 4th round for Solicitation of Investment Proposals from Start-Ups operating in the Area of Renewable and Alternate Energy Sources like Compressed Bio Gas production shall remain open till January 24, 2020.
GAIL had launched its ambitious Start-Up initiative ‘Pankh’ in July, 2017 to invest in promising Start-ups. GAIL has made investments in 24 Start-Ups operating in various areas so far.
GAIL India is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.