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GAIL, Odisha government sign MoU for production of eco-friendly fuels

06 Jan 2022 Evaluate

GAIL (India) and Odisha government have signed a memorandum of understanding (MoU) for cooperation in the production of eco-friendly fuels in the state. The MoU seeks to prepare a feasibility study for setting up plants in areas of green hydrogen, green ammonia and renewable energy like solar and wind.

It emphasises promoting the production of eco-friendly fuels in the state. Green Hydrogen will help the industries cut aggregate emissions of greenhouse gases. The proposed plants will help Odisha-based heavy industries to supplement their growing power requirements.

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) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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