New Delhi: In a move aimed at advancing India’s clean energy transition, Oil India Limited (OIL) and Mahanagar Gas Limited (MGL) have signed a Memorandum of Understanding (MoU) to collaborate across the Liquefied Natural Gas (LNG) value chain and other emerging clean energy sectors.
The MoU was signed by the Executive Director (Business Development) of OIL and the Vice President (Business Development, BIS, Commercial & STU) of MGL, in the presence of senior officials, including OIL’s Director (Operations), Director (HR), and the Managing Director of MGL.
Collaboration to Explore LNG in Heavy-Duty Transport
The partnership will focus on identifying and developing joint opportunities in the LNG sector, particularly in the heavy-duty transport segment, which holds high potential for reducing carbon emissions in logistics.
Speaking on the collaboration, OIL’s Director (Operations) said, “The collaboration will focus on assessing technical and commercial viability of LNG in the heavy-duty transport segment and on exploring projects in clean energy. Our objective is to take feasible pilots to commercial scale.”
Joint Efforts Toward Clean Energy Solutions
In addition to LNG, the MoU paves the way for both companies to explore new ventures in clean energy, reinforcing their commitment to sustainable and environmentally responsible growth. These efforts will contribute to expanding India’s clean energy ecosystem and help industries shift toward greener logistics solutions.
MGL’s Managing Director added, “This collaboration with OIL will help accelerate adoption of cleaner fuels in the long-haul transport sector. It will enable corporates to move towards greener logistics solutions and contribute to reducing the overall pollution footprint.”
Strengthening India’s Energy Goals
By leveraging OIL’s expertise in energy exploration and production and MGL’s experience in natural gas distribution and LNG retail, the partnership is expected to play a key role in scaling clean fuel alternatives and supporting India’s net-zero emission goals. The collaboration aligns with the national vision of decarbonizing transport and industrial energy usage through sustainable technologies.
About Oil India Limited (OIL)
Oil India Limited (OIL) is a leading upstream oil and gas company under the Ministry of Petroleum and Natural Gas. As a public sector undertaking, OIL is engaged in the exploration, development, and production of crude oil and natural gas. The company also operates in LPG production and crude oil transportation. With its strong technical foundation and national presence, OIL is committed to contributing to India’s energy security and the global shift towards cleaner fuel alternatives.
About Mahanagar Gas Limited (MGL)
Mahanagar Gas Limited (MGL) is one of India’s largest natural gas distribution companies, serving the Mumbai Metropolitan Region. As a public sector undertaking, MGL is dedicated to providing eco-friendly, safe, and reliable natural gas to residential, commercial, industrial, and transport sectors. The company is playing a crucial role in promoting cleaner fuels like CNG and PNG and is actively expanding into LNG and other clean energy initiatives to support sustainable urban development.
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