Petronet LNG has signed a non-binding Memorandum of Understanding (MoU) with Ministry of Petroleum & Natural Gas November 20, 2020 with the objective to foray in to 'Green Energy and Bio Fuels' for setting up of Compressed Bio Gas (CBG) Plants under Sustainable Alternative Towards Affordable Transportation (SATAT) initiative of the Government of India.
Petronet LNG is one of the leading players in oil and natural gas industry space. The company's promoters are GAIL (India), Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL).
