Skip to main content

MoneyWorks4Me

GAIL inks pact with Pipeline Infrastructure

13 May 2022 Evaluate

GAIL (India) and Brookfield Asset Management-based Pipeline Infrastructure (PIL) have signed a pact for jointly developing a hydrogen-based ecosystem in India. The MoU aims at collectively exploring the feasibility, desirability and viability of hydrogen as a source of energy and thus build a partnership between the companies.

PIL and GAIL will explore various options for transportation, using the existing natural gas pipeline and the end-use of hydrogen.

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) 187.80
Gujarat Energy 227.35
Indraprastha Gas 143.30
Mahanagar Gas 1122.60
Adani Total Gas 575.00
View more..