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GAIL and AM Green sign MoU for jointly developing renewable energy up to 2.5 GW and green chemical projects

GAIL (India) Limited and AM Green B.V. (AMG) have signed a Memorandum of Understanding (MoU) to collaborate on projects that promote sustainable energy solutions in India. The agreement focuses on the long-term supply of carbon dioxide (CO2) for eMethanol production and the development of hybrid renewable energy projects across the country. The MoU was signed by Sumit Kishore, Executive Director (Business Development and Exploration & Production) at GAIL, and Mahesh Kolli, Group President of AM Green, in the presence of Rajeev Singhal, Director (Business Development) at GAIL.

As part of this agreement, both companies plan to conduct studies for the long-term supply of approximately 350 KTA CO2 generated from GAIL’s gas processing plants for eMethanol production—an eco-friendly fuel that can help reduce carbon emissions and support a circular economy. GAIL will also have the option to invest in the proposed eMethanol project, creating a strategic partnership that aligns with both companies’ goals of advancing sustainable energy initiatives. Additionally, they aim to jointly explore the establishment of solar and wind hybrid renewable projects with a capacity of up to 2.5 GW across India. These hybrid projects, along with Greenko’s forthcoming Pump Storage Projects, are expected to provide continuous power to users, including the proposed eMethanol project.

Rajeev Singhal commented on the signing, stating, “This MoU with AM Green highlights our commitment to leading the way in sustainable energy solutions. By ensuring a supply of CO2 for eMethanol production, we are proactively working to lower carbon emissions and foster alternative fuel development. The renewable energy projects we develop will help reduce the country’s carbon footprint and support India’s shift toward a greener energy landscape. Our partnership with AMG will enhance technological innovation in India while also fostering economic growth and environmental sustainability.”

Mahesh Kolli added, “We are excited to partner with GAIL on one of the largest carbon-free renewable energy supply agreements in the world. This collaboration underscores AM Green’s role as a leader in global clean energy transition solutions while supporting India’s goal of becoming an exporter of reliable, sustainable, and cost-effective green molecules and their derivatives. This will significantly aid in the decarbonization of challenging sectors such as shipping, steel, and cement.”

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