Indian Railways & GAIL ink MOU.

Indian Railways and GAIL (India) Limited took a significant step, 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 ofShri 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 commitments.

Equity Bulls