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GAIL and IPICOL Sign MoU for Setting Up Clean Energy Projects


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The Odisha government and natural gas firm Gail signed a memorandum of understanding (MoU) for cooperation in the production of eco-friendly fuels in the state.

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The agreement was signed by the public sector unit and the Industrial Promotion and Investment Corporation of Odisha (IPICOL) in Bhubaneswar, according to a release.

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, the IPICOL said.

It emphasises promoting the production of eco-friendly fuels in the state. Green Hydrogen will help the industries cut aggregate emissions of greenhouse gases, it said.

The proposed plants will help Odisha-based heavy industries to supplement their growing power requirements, the IPICOL said.

Principal Industries Secretary Hemant Sharma said there was a “very large pre-existing market” for hydrogen currently in the state.

The cost of green hydrogen will reduce for industrial consumption with this joint effort to produce it in bulk, the official said.

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“We are very eager to help the company in terms of suitable land,” said Asit Tripathy, principal secretary to Chief Minister Naveen Patnaik.

Business development director M V Iyer said Gail was laying a natural gas pipeline, setting up a city gas distribution project and a coal gasification plant in a joint venture.

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