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GAIL, CCSL sign MoU for compressed biogas projects

23 Jul 2020 Evaluate
GAIL (India) and Carbon Clean Solutions (CCSL) have signed a Memorandum of Understanding (MoU) for exploring project development opportunities in Compressed Biogas (CBG) value chain in India.  

The MoU aims at building a closer strategic partnership between the two companies by jointly working on CBG projects. GAIL and CCSL will explore various issues in the CBG value chain, such as inter alia feedstock arrangements, suitable technology for the most efficient and high efficiency CBG production, gas off-take arrangements, exploration of various funding models, transportation, marketing and distribution of CBG. CCSL’s proven technology for CBG production with specific patents and know how on waste conversion were a natural fit for GAIL’s vision to support the development of the CBG business in India.  

GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.

Peers
Company Name CMP
GAIL (India) 168.70
Gujarat Energy 224.10
Indraprastha Gas 145.25
Mahanagar Gas 1047.25
Adani Total Gas 577.25
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