STOCKWATCH
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Gas Transmission/Marketing
MoU25 Apr 2025, 11:41 pm

GAIL & CONCOR sign MoU to explore LNG as alternative fuel for logistics sector

AI Summary

GAIL (India) Ltd. and CONCOR have signed a Memorandum of Understanding (MoU) to explore the adoption of Liquefied Natural Gas (LNG) as an alternative fuel for the logistics sector. The MoU was signed on April 23, 2025, in New Delhi, in the presence of senior officers from both organizations. The agreement aims to assess the feasibility of using LNG as fuel for CONCOR’s logistics fleet, harnessing LNG's advantages as a cleaner and more cost-effective alternative to diesel. This collaboration seeks to reduce emissions and lower operational costs, aligning with India's commitment to sustainable practices and energy efficiency in the logistics sector.

Key Highlights

  • GAIL and CONCOR sign MoU to explore LNG as an alternative fuel for the logistics sector
  • MoU aims to assess feasibility of using LNG as fuel for CONCOR’s logistics fleet
  • Collaboration seeks to harness LNG's advantages as a cleaner and more cost-effective alternative to diesel
  • Agreement aligns with India's commitment to sustainable practices and energy efficiency in the logistics sector
  • GAIL holds the largest LNG portfolio in the country, positioning it as a reliable LNG supplier
GAIL
Gas Transmission/Marketing
GAIL (INDIA) LTD.

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