Indian Railways and GAIL ink MoU
Deepthi | Myequity news | Date : 30-08-2018 19:00:00 IST
Indian Railways and GAIL (India) Limited took a significant step, today, towards expanding usage of environment-friendly fuel, Natural Gas across all applications of the Indian Railways by signing a Memorandum of Understanding (MoU).
The MoU was signed in the presence of Shri Ashwani Lohani, Chairman, Railway Board and Shri B C Tripathi, Chairman and Managing Director, GAIL, by Shri Gajendra Singh Director (Marketing) and Shri Chetram, Chief Administrative Officer Indian Railways.
This historic partnership will pave the way for supply of Natural Gas to Railway workshops, integral coach factories, loco workshops, DEMU sheds, etc. located along the existing and upcoming pipeline networks of GAIL. Along the prestigious eastern India pipeline project under execution- ‘Pradhan Mantri Urja Ganga’ network alone there is a scope to supply natural gas to over 10 workshops of Indian Railways and shall be connected in a phased manner.
MoU between the two leading organisations of the country is a step towards fulfilling Central Government’s vision of developing a Gas-based economy in India and progress towards expanding the share of Natural Gas in the energy mix from 6.5 % to 15 %. This endeavour shall reduce carbon foot-prints of IR and contribute positively towards achieving COP21 commitmentsAbout GAIL India Limited:
Gail (India) Limited (GAIL) (formerly known as Gas Authority of India Limited) is the largest state-owned natural gas processing and distribution company in India. It is headquartered in New Delhi. It has the following business segments: natural gas, liquid hydrocarbon, liquefied petroleum gas transmission, petrochemical, city gas distribution, exploration and production, GAILTEL and electricity generation. GAIL was conferred with the Maharatna status on 1 Feb 2013, by the Government of India.