The nation’s top natural gas provider, GAIL, and Container Corporation of India (CONCOR) have inked a Memorandum of Understanding (MoU) to investigate the use of LNG as an alternative fuel in the logistics industry. In India, GAIL controls more than 54% of the gas trading market and 66% of the gas transportation sector. GAIL and its joint ventures and subsidiaries are also quite strong in the city gas distribution market. In the market for liquefied natural gas (LNG), GAIL keeps a sizable portfolio. According to their website, GAIL is a leader in the use of gas for petrochemical production and runs an integrated 810 KTPA gas-based petrochemical complex in Uttar Pradesh.
Container Corporation of India (CONCOR) is engaged in providing inland transportation of containers by rail. It also covers the management of ports and air cargo complexes, in addition to establishing cold chains. The agreement aims to assess the feasibility of using LNG as fuel for CONCOR’s logistics fleet. This collaboration seeks to harness LNG’s advantages as a cleaner and more cost-effective alternative to diesel, which could result in reduced emissions and lower operational costs.
