GAIL & CONCOR partner to explore LNG fuel adoption
GAIL (India) Limited (GAIL-EQ) and Container Corporation of India Limited (CONCOR) have entered into a Memorandum of Understanding (MoU) to assess the feasibility of using LNG as a fuel source for CONCOR's logistics fleet. Signed on April 23, 2025, the MoU aims to leverage LNG's cost-effectiveness and cleaner emissions compared to diesel, potentially reducing emissions and operational costs. The collaboration aligns with India's growing commitment to sustainable practices in the logistics sector. GAIL emphasized their position as a reliable LNG supplier with a large portfolio and global reach. CONCOR highlighted their existing investments in LNG infrastructure, including an LNG station and a fleet of 130 LNG trailers, emphasizing the company's dedication to providing sustainable logistics solutions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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