Shares of state-owned GAIL(India) Ltd were trading almost 2% higher on 14 February after the company announced signing a Memorandum of Understanding (MoU) with Cummins Inc.’s zero-emissions branch, Accelera by Cummins to collaborate on clean energy and energy transition solutions in India.
The agreement was formally signed in New Delhi at the ongoing India Energy Week 2025, according to a GAIL stock exchange release.
The state-owned energy firm informed the stock markets that the collaboration will explore a variety of green energy opportunities, including hydrogen generation, blending, transportation, and storage, by using Accelera’s expertise in innovative energy solutions and GAIL’s well-established natural gas infrastructure.
GAIL, a well-known Maharatna CPSE under the Ministry of Petroleum and Natural Gas, moves closer to its “net zero” goals of 2040 to 2035, this partnership marks a major step forward in India’s energy transition efforts.
Cummins Inc. offers a wide range of products, including fuel cells, electric and hybrid solutions, batteries, electric power generation systems, advanced powertrains, and hydrogen production technologies.
GAIL has been at the forefront of renewable energy projects for a long time. In April 2024, the company installed a 10 MW Green Hydrogen unit at its Vijaipur plant in Madhya Pradesh’s Guna District. The electrolyzer was supplied by Cummins’ Accelera.
Additionally, GAIL plans to expand its successful hydrogen mixing pilot program in CNG/PNG networks.
The company has also set up a 5 TPD Compressed Biogas (CBG) factory in Ranchi, with plans to construct 26 more units throughout India in the upcoming three to four years.
GAIL intends to establish ten CBG plants in partnership with Leafiniti Bioenergy and to develop Synthetic Natural Gas in West Bengal in partnership with Coal India. Furthermore, the PSU has established a joint venture to build a 500 KLPD, 1G grain-based ethanol plant in Rajasthan.
At 1:23 pm, the shares of GAIL (India) were trading 0.17% lower at Rs 162.04 on NSE.
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