In a bid to support Start-Ups operating in the area of Compressed Bio Gas (CBG), GAIL (India) is planning to invest in such companies through its Start-Up initiative 'Pankh'.
GAIL has opened a fresh Round for Solicitation of Investment Proposals from Start-Ups operating specifically in the area of CBG. The Start-Ups that are interested in equity investment from GAIL can apply on GAIL’s website gailonline.com. The Solicitation Round is open till July 24, 2020.
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.